Required information At the end of last year, Games-2-Use had merchandise costing $140,000 in inventory....
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Accounting
Required information At the end of last year, Games-2-Use had merchandise costing $140,000 in inventory. During January of the current year, the company purchased merchandise costing $102,000, and sold merchandise that it had purchased at a total cost of $84,000. Games-2-Use uses a perpetual inventory system 18 Part 2 of 3 The balance in the Inventory account at January 31 was 3.33 points Multiple Choice Skipped $242,000. Print $84,000. $158,000 $140,000
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