In a budgeted balance sheet, the merchandise inventory on February 28 would be:

A) $9,600.
B) $7,500.
C) $4,800.
D) $3,200.

Question

In a budgeted balance sheet, the merchandise inventory on February 28 would be:A) $9,600.B) $7,500.C) $4,800.D) $3,200.

Iliyah Campbell · Accepted Answer

Final Answer : C, Explanation :  The merchandise inventory on a budgeted balance sheet is calculated based on the expected inventory levels at the end of the period, considering factors such as beginning inventory, purchases, and cost of goods sold. Without specific details on these factors, it's challenging to provide a detailed explanation. However, if option C is identified as correct, it suggests that based on the provided data or calculations related to the budgeting process, the merchandise inventory is expected to be $4,800 at the end of February.

In a budgeted balance sheet, the merchandise inventory on February 28 would be:

A) $9,600.
B) $7,500.
C) $4,800.
D) $3,200.

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