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Author Question: Archer Company had an inventory balance of $2,600 on January 1. During the accounting period they ... (Read 64 times)

Coya19@aol.com

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Archer Company had an inventory balance of $2,600 on January 1. During the accounting period they made purchases of $11,500. The ending inventory balance was $1,250. If Archer Co. uses the periodic inventory system, what is the cost of goods available for sale?
◦ $2,600
◦ $12,850
◦ $14,100
◦ $11,500


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Marked as best answer by Coya19@aol.com on Feb 18, 2020

lucas dlamini

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Coya19@aol.com

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Reply 2 on: Feb 18, 2020
Great answer, keep it coming :)


deja

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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