24. Milo Shoe Shop had goods available for sale in 2008 with a retail price of $120,000....

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24. Milo Shoe Shop had goods available for sale in 2008 with a retail price of $120,000. The cost of these goods was

$84,000. If sales during the period were $80,000, what is the ending inventory at cost using the retail inventory method?

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Financial Accounting

ISBN: 9780470128848

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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