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Dove Company ships merchandise to Brock Skate Store in a consignment arrangementThe arrangement specifies that Brock will attempt to seff the merchandise, and in returnDove
Dove Company ships merchandise to Brock Skate Store in a consignment arrangementThe arrangement specifies that Brock will attempt to seff the merchandise, and in returnDove will pay to Brock a 10% sales commission on any merchandise sold During the year Dove ships inventory with a cost of $80,000 to BrockBy the end of the year $60,000 of the merchandise has been sold to customers for a total of $ 85,000. What balance of the consigned inventory that Brock will report at year end?
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