At the beginning of the year, Bennett Supply has inventory of $3,500. During the year,...
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Accounting
At the beginning of the year, Bennett Supply has inventory of $3,500. During the year, the company purchases an additional $12,000 of inventory. Cost of goods sold for the year is $11,500. What amount will Bennett report for inventory? Multiple Choice $4,000. $4,500. $3,000. $3,500.
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