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If $8,000 was the beginning inventory, purchases were $12,000, and sales were $9,000, how much was the ending inventory for GreenTech Supplies in the last accounting period? a. $11,000 b. $6,000 c. $5,000 d. $9,000

If $8,000 was the beginning inventory, purchases were $12,000, and sales were $9,000, how much was the ending inventory for GreenTech Supplies in the last accounting period? a. $11,000 b. $6,000 c. $5,000 d. $9,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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If $8,000 was the beginning inventory, purchases were $12,000, and sales were $9,000, how much was the ending inventory for GreenTech Supplies in the last accounting period? a. $11,000 b. $6,000 c. $5,000 d. $9,000
Transcribed Image Text:If $8,000 was the beginning inventory, purchases were $12,000, and sales were $9,000, how much was the ending inventory for GreenTech Supplies in the last accounting period? a. $11,000 b. $6,000 c. $5,000 d. $9,000
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