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19. Physical inventory for the shoe department was $1,975,000 with a book inventory showing $2,160,000. Net sales for shoes for the year are $6,850,000. Was
19. Physical inventory for the shoe department was $1,975,000 with a book inventory showing $2,160,000. Net sales for shoes for the year are $6,850,000. Was there a shortage or overage? What is the shortage or overage dollar amount and percentage
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Principles Of Financial And Managerial Accounting
Authors: James Don Edwards, Roger H. Hermanson
1st Edition
0256130000, 978-0256130003
