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Find estimated ending inventory using the gross profit method if gross profit is 30% of cost. Inventory, Aprill 1 Purchases Freight in Sales Sales
Find estimated ending inventory using the gross profit method if gross profit is 30% of cost. Inventory, Aprill 1 Purchases Freight in Sales Sales returns Purchase discounts 160,000 640,000 30,000 1,000,000 70,000 12,000 I
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SOLUTION Inventory April 13 160000 Purchases 640000 Freightin 30000 ...
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Cornerstones of Financial and Managerial Accounting
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
2nd edition
978-0538473484, 538473487, 978-1111879044
