Question

A company has beginning inventory of 20000, purchases of 15000, and ending of 2500. The cost of goods available for sale is?

Answer 1

Explanation:

Cost of Goods Sold = Beginning Inventory + Purchases during the year - Ending Inventory

= 20,000 + 15,000 - 2,500

=35,000 - 2,500

=32,500

Answer 2

Maybe,2500. Is just my guessing.