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In the trial balance of a firms accounting records, Inventory has a balance of $40...

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Accounting

In the trial balance of a firms accounting records, Inventory has a balance of $40 000 and Purchases has a balance of $1 000 000. The count of ending inventory is $50 000.

Cost of sales is: A. $ 910 000 B. $1 040 000 C. $ 990 000 D. $1 050 000

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