Pune Company has the following: Inventory, Jan. 1 (8,000 units @$11), June 19, (Purchase, 13,000 units @ $12) and Nov. 8 (Purchase, 5,000 units @ $13). If 9,000 units are on hand at December 31, the number of units sold is: O a. 17,000 units. O b. 26,000 units. O c. 34,000 units. O d. 9,000 units.

Pune Company has the following: Inventory, Jan. 1 (8,000 units @$11), June 19, (Purchase, 13,000 units @ $12) and Nov. 8 (Purchase, 5,000 units @ $13). If 9,000 units are on hand at December 31, the number of units sold is: O a. 17,000 units. O b. 26,000 units. O c. 34,000 units. O d. 9,000 units.

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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Question

Pune Company has the following: Inventory, Jan. 1 (8,000 units @$11), June 19, (Purchase, 13,000 units @ $12) and Nov. 8
(Purchase, 5,000 units @ $13). If 9,000 units are on hand at December 31, the number of units sold is:
O a. 17,000 units.
O b. 26,000 units.
O c. 34,000 units.
O d. 9,000 units.

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