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Huxley's Toy Store has $4247 of inventory on hand at the beginning of the month. During the month, the company buys $20905 of merchandise
Huxley's Toy Store has $4247 of inventory on hand at the beginning of the month. During the month, the company buys $20905 of merchandise and sells merchandise that had cost $16312. At the end of the month, $8230 of inventory is on hand. How much shrinkage occurred during the month?
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Applying International Financial Reporting Standards
Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise
3rd edition
730302121, 978-0730302124
