Respuesta :
With all inventory regarding adjustments, the beginning inventory that ace must have is $3,000. Hence, Option A is correct.
What is inventory?
The items and materials that a company keeps on hand with the intent of reselling, producing, or using them are referred to as inventory or stock. Defining the size, location, and shape of stocked commodities is a major focus of inventory management.
All the products, materials, and things that a company keeps on hand in anticipation of selling them to customers for a profit are referred to as inventory.
With a cost of goods sold of $20,000, Ace Electronics. Ace had to have had $3,000 worth of stock at the start if his purchases totaled $23,000 and his concluding stock was $6,000 instead.
Therefore, Option A is correct.
Learn more about inventory from here:
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