find the beginning inventory for april. inventory beginning inventory purchases units sold april ? 1,000…

find the beginning inventory for april. inventory beginning inventory purchases units sold april ? 1,000 1,400 may 2,600 800 1,600 june 1,800 200 1,200 ending inventory = beginning inventory + purchases - units sold.
Answer
Explanation:
Step1: Rearrange the inventory formula
We know that Ending Inventory = Beginning Inventory + Purchases - Units Sold. Rearranging for Beginning Inventory of April gives Beginning Inventory = Ending Inventory of April+ Units Sold - Purchases. The ending - inventory of April is the beginning - inventory of May, which is 2600.
Step2: Substitute the values
Substitute the values: Ending Inventory of April = 2600, Purchases = 1000, Units Sold = 1400 into the formula. Beginning Inventory of April=2600 + 1400-1000.
Step3: Calculate the result
2600+1400 - 1000=3000.
Answer:
3000