Find (a) estimated physical inventory and (b) actual shortage or overage percent when closing physical inventory is

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Find (a) estimated physical inventory and (b) actual shortage or overage percent when closing physical inventory is $77,227.

Retail

Openinginventory$159,760

Netpurchases297,420

Net transfers out1,370

Gross sales358,110

Customerreturns23,428

Net markdowns38,743

Employeediscounts1,817

Estimatedshortage0.80%

estimated physicalinventory______________
actual shortage or overagepercent______________

Posted Date: Jun 21, 2024 08:01 AM

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Find (a) estimated physical inventory and (b) actual shortage or overage percent when closing physical inventory is

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