Question
1. Harden Company had goods available for sale at cost amounting to $130,000 and at retail amounting to $200,000. The net sales for the current
1. Harden Company had goods available for sale at cost amounting to $130,000 and at retail amounting to $200,000. The net sales for the current period amounted to $150,000. What is the estimated value of the ending inventory at cost using the retail method? Show your work.
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Audit Effectiveness Meeting The IT Challenge
Authors: Kamil Omoteso
1st Edition
1409434680, 978-1409434689
