=+3. Appendix: Assume that during the fiscal year ended December 31, 2010, sales were $290,000 and the
Question:
=+3. Appendix: Assume that during the fiscal year ended December 31, 2010, sales were
$290,000 and the estimated gross profit rate was 40%. Estimate the ending inven-
tory at December 31, 2010, using the gross profit method.
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Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
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