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QUESTION
Brief Exercise 8-1 Determining ending inventory; periodic system [LO8-1] A company began its fiscal year with inventory of $191,000.
Brief Exercise 8-1 Determining ending inventory; periodic system [LO8-1]A company began its fiscal year with inventory of $191,000. Purchases and cost of goods sold for the year were $950,000 and $984,000, respectively.What was the amount of ending inventory?
