The inventory value for the financial statements of Q for the year ended 31 December 20X4 was based on an inventory count on 4 January 20X5, which gave a total inventory value of $836,200.Between 31 December and 4 January 20X5, the following transactions took place: $ Purchases of goods 8,600 Sales of goods (profit margin 30% on sales) 14,000 Goods returned by Q to supplierWhat adjusted figure should be included in the financial statements for inventories at 31 December20X4?
A、$838,100
B、$853,900
C、$818,500
D、$ 834,300
A、$838,100
B、$853,900
C、$818,500
D、$ 834,300
【参考答案及解析】
$ Inventory count valueLess： 836,200 purchases Add： (8,600) sales (14,000 x 70/100) Add： 9,800 goods returned Inventory figur 700 838,100
$ Inventory count valueLess： 836,200 purchases Add： (8,600) sales (14,000 x 70/100) Add： 9,800 goods returned Inventory figur 700 838,100