Question
Marigold Corp. has the following account balances at year end: Office supplies$4500Raw materials26500Work-in-process58500Finished goods97500Prepaid insurance6200 What amount should Marigold report as inventories in its balance
Marigold Corp. has the following account balances at year end:
Office supplies$4500Raw materials26500Work-in-process58500Finished goods97500Prepaid insurance6200
What amount should Marigold report as inventories in its balance sheet?
$187000.
$182500.
$102000.
$97500.
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Accounting Information Systems Controls and Processes
Authors: Leslie Turner, Andrea Weickgenannt, Mary Kay Copeland
3rd edition
1119329566, 1119329565, 1119386179, 1119302110, 9781119302117 , 978-1119329565
