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Intermediate accounting On the firm's proposed balance sheet, ABC Company is attempting to report that it has $2,500,000 worth of merchandise inventory on hand. In
Intermediate accounting On the firm's proposed balance sheet, ABC Company is attempting to report that it has $2,500,000 worth of merchandise inventory on hand. In roughly a paragraph, express how the auditors at Cobain, Novaselic, and Grohl should feel about this number, and what you think they should do (if anything) to attempt to validate the amount of inventory ABC Company is attempting to report
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