GayRobbie
contestada

PLEASE HELP ME!! 50 POINTS! AND AWARDING BRAINLIEST! :DD
Beginning inventory 38,900 ending inventory 42,100 cost of goods sold 83,500 what is the net purchase?

Respuesta :

mhanifa

Answer:

  • Net Purchase is 86700

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Given:

  • Beginning inventory 38900,
  • Ending inventory 42100,
  • Cost of goods sold 83500,
  • Net Purchase = ?

The difference in the inventory is same as the difference between cost of goods sold and net purchase.

  • 42100 - 38900 = 3200

Net purchase is the sum of the cost of goods and the difference between beginning and ending inventory:

  • Net Purchase = 83500 + 3200 = 86700

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