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can you help me answer these questions When the inventory of merchandise can be determind only by a detailed count of the items on hand
can you help me answer these questions
- When the inventory of merchandise can be determind only by a detailed count of the items on hand the system is called?
- Would a perpetual inventory system normally be practical for the follow types of businesses without a computerized system. The two businesses are a retail jewelry store and a retail clothing store.
- The subsidiary ledger containing a perpetual record of each type of merchandise available for sale is called?
- if the cost of an item is $55 and the current replacement cost is $50 and the selling price is $95 the amount included in inventory according to the lower of cost or market concept is?
- merchandise in transit should be included in the sellers inventory if the terms are FOB?
- in recording the cost of merchandise sold for cash, based on data available from perpetual inventory records the account credited is?
- the inventory method that considers the inventory to be composed of the units of merchandise acquires earliest is called?
- the method that is useful for estimating the cost of inventory that has been destroyed is?
- during a period of consistently falling prices the method FIFO or LIFO that will result in reporting the greater cost of merchandise sold is?
- inventory turnover of 36 means the inventory turns over every ____ days
- damanged merchandise that can only be sold at below cost should be valued at?
- on the last day of the current year, a manufacturer delivers merchandise to a retailed on consignment the unsold consigned merchandise would be included in the inventory of the?
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