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intermediate accounting, working on conventional retail Chrome File Edit View History Bookmarks People Tab Window Help CLA WAS A X C Preser X C Preser

intermediate accounting, working on conventional retail

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Chrome File Edit View History Bookmarks People Tab Window Help CLA WAS A X C Preser X C Preser X VE Ch X E Team X E The in C assessment.education. wiley.com/was-assessment-player/products/7cf3bb3c-3ace-4648-ac56- Presented below is information related to Pharoah Inc. Cost Retail Inventory, 12/31/20 $252,200 $383,000 Purchases 816,436 1,461,200 Purchase returns 59,000 80,300 Purchase discounts 18,300 Gross sales revenue 1,406,400 Sales returns 98,700 Markups 121,100 Markup cancellations 39,400 Markdowns 44,700 Markdown cancellations 20,300 Freight-in 42,200 Employee discounts granted 8,100 Loss from breakage (normal) 4,600 Assuming that Pharoah Inc. uses the conventional retail inventory method, compute the cost of its ending in purposes to O decimal places, e.g 78% and final answer to O decimal places, e.g. 28, 987.) Ending inventory using the conventional retail inventory method $ 325,416 e Textbook and Media Lr 13 A P W Aa

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