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2037 20. Last year, Rocker Company's financial statements showed the following: Beginning inventory $40,825 Average inventory $24,825 Cost of goods sold $184,325 Assuming 365 days
2037
20. Last year, Rocker Company's financial statements showed the following: Beginning inventory $40,825 Average inventory $24,825 Cost of goods sold $184,325 Assuming 365 days in a year, what is Rocker's average days' sales in inventory for 2019? a 45 days b. 65 days c. 107 days d. 83 days 37. As manager of a miniature golf course, you are closing up at the end of the day. You see that the cash register reports total sales of $575.00 but when you add the cash in the register, you only find $570.00 in cash. How should you account for the missing $5.00? a. Debit account: Golf expense b. Debit account: Sales c. Debit account: Stolen Funds d. Debit account Cash Short and Over Step by Step Solution
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