At the beginning of 2015, bryers incorporated reports inventory of $6,500. during 2015, the company purchases additional inventory for $21,500. at the end of 2015, the cost of inventory remaining is $8,500. calculate cost of goods sold for 2015.

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29 January, 23:22

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Ian Turner · Answer 1

Cost of goods sold=

beginning inventory+purchase-ending inventory

cost of goods sold

=6,500+21,500-8,500

=19,500