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b) Company records disclose the following: Sales Purchases 4 marks $95,000 Beginning merchandise inventory $10,000 45,000 Gross profit from sales Transportation-In 500 Purchases discounts
b) Company records disclose the following: Sales Purchases 4 marks $95,000 Beginning merchandise inventory $10,000 45,000 Gross profit from sales Transportation-In 500 Purchases discounts 50,000 1,000 Calculate The ending merchandise inventory.
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Financial Accounting
Authors: David Spiceland, Wayne Thomas, Don Herrmann
4th edition
1259307956, 978-1259307959
