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At the beginning of September, 2020, Bonita Company reported Inventory of $8200. During the month, the company made purchases of $35900. At September 30, 2020, a physical count of inventory reported $8600 on hand. Cost of goods sold for the month is O $35900. O $36300. O $35500. O $44100.

At the beginning of September, 2020, Bonita Company reported Inventory of $8200. During the month, the company made purchases of $35900. At September 30, 2020, a physical count of inventory reported $8600 on hand. Cost of goods sold for the month is O $35900. O $36300. O $35500. O $44100.

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter7: Inventories: Cost Measurement And Flow Assumptions
Section: Chapter Questions
Problem 3RE: Reid Company uses the periodic inventory system. On January 1, it had an inventory balance of...
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1. At the beginning of September 2020, Bonita company reported inventory of 8200. During the month, the company purchases of 35900. At September 30 2020, a physical count of inventory reported 8600 on hand. Cost of goods solids for the month is ? 

Current Attempt in Progress At the beginning of September, 2020, Bonita Company reported Inventory of $8200. During the month, the company made purchases of $35900. At September 30, 2020, a physical count of inventory reported $8600 on hand. Cost of goods sold for the month is O $35900. O $36300. O $35500. $44100. eTextbook and Media Save for Later Attempts: 0 of 2 used Submit Answer
Transcribed Image Text:Current Attempt in Progress At the beginning of September, 2020, Bonita Company reported Inventory of $8200. During the month, the company made purchases of $35900. At September 30, 2020, a physical count of inventory reported $8600 on hand. Cost of goods sold for the month is O $35900. O $36300. O $35500. $44100. eTextbook and Media Save for Later Attempts: 0 of 2 used Submit Answer
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