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What is the amount of the Cost of Goods Sold

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Reference no: EM132917246

Question - The following was drawn from the accounts of Autumn Corporation which uses the periodic inventory system. 

Purchases $900

Purchases Returns & Allowances $200

Transportation-In $60

Transportation-Out $30

Beginning Inventory $250

Ending Inventory $150

Using the above amounts, what is the amount of the Cost of Goods Sold on the Schedule of Cost of Goods Sold?

a. $150

b. $1,010

c. $860

d. $890

Reference no: EM132917246

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