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An inventory record for the bookstore of a local college shows a receipt of 150 accounting books on May 1. Another shipment of 25 books arrived on June 15. On May 20, 100 books were sold to the students enrolled in the summer school class. On June 3, 31 books were purchased by the students enrolled off-campus. On June 17, a shipment of 150 books arrived. Find the number on hand on June 17.

User Cbliard
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1 Answer

6 votes
Hi there
Let's order the transactions
on May 1. 150
less On May 20 100 books were sold

Less June 3, 31 books were purchased by the students

Add on June 15 25 books arrived

Add On June 17, a shipment of 150 books arrived

So
the number on hand on June 17
150−100−31+25+150
=194....answer

Hope it helps
User Lugarini
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