Question
Ehrhart Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was4sets at $590each. On January 10, Ehrhart purchased6units at
Ehrhart Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was4sets at $590each. On January 10, Ehrhart purchased6units at $710each. The company sold3units on January 8 and5units on January 15.
What's the ending inventory?
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Core Concepts Of Accounting Information Systems
Authors: Mark G. Simkin, Carolyn A. Strand Norman, Scott Paquette
1st Canadian Edition
1118738101, 978-1118738108
