Waterway Company uses a periodic inventory system. Details for the inventory account for the month of January, 2020 are as follows: Balance, 1/1/20 Per Units unit price Total 190 $4.00 $760 Purchase, 1/15/20 170 Purchase, 1/28/20 170 O 310 O 340 O 220 O 50 5.10 867 5.60 952 An end of the month (1/31/20) inventory showed that 220 units were on hand. How many units did the company sell during January, 2020?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Waterway Company uses a periodic inventory system. Details for the inventory account for the month of January, 2020 are as follows:
Units
190
Balance, 1/1/20
Purchase, 1/15/20 170
Purchase, 1/28/20 170
O 310
O 340
O 220
O 50
Per
unit price Total
$4.00 $760
5.10 867
5.60
952
An end of the month (1/31/20) inventory showed that 220 units were on hand. How many units did the company sell during January,
2020?
Transcribed Image Text:Waterway Company uses a periodic inventory system. Details for the inventory account for the month of January, 2020 are as follows: Units 190 Balance, 1/1/20 Purchase, 1/15/20 170 Purchase, 1/28/20 170 O 310 O 340 O 220 O 50 Per unit price Total $4.00 $760 5.10 867 5.60 952 An end of the month (1/31/20) inventory showed that 220 units were on hand. How many units did the company sell during January, 2020?
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