Skip to main content
Financial Accounting
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
Back
Cost of Goods Sold - Perpetual Inventory vs. Periodic Inventory
Download worksheet
Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
Cost of Goods Sold - Perpetual Inventory vs. Periodic Inventory
Download worksheet
Practice
Summary
Previous
4 of 10
Next
4. Merchandising Operations / Cost of Goods Sold - Perpetual Inventory vs. Periodic Inventory / Problem 4
Problem 4
Which algebraic rearrangement correctly solves for cost of goods sold?
A
Cost of Goods Sold = Beginning Inventory + Purchases - Ending Inventory
B
Cost of Goods Sold = Beginning Inventory - Purchases + Ending Inventory
C
Cost of Goods Sold = Ending Inventory + Purchases - Beginning Inventory
D
Cost of Goods Sold = Purchases - Beginning Inventory + Ending Inventory
AI tutor
0
Show Answer