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29 January, 23:22

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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  1. 29 January, 23:23
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    Cost of goods sold=

    beginning inventory+purchase-ending inventory

    cost of goods sold

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

    =19,500
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