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Peter Company makes inventory shipment to its branch in Malate. The following information are selected from the books and records of Peter Company and its

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Peter Company makes inventory shipment to its branch in Malate. The following information are selected from the books and records of Peter Company and its Malate brench as of Dec.31: $7000 of the branch's ending inventory came from outside suppliers. Answer this question with complete solution: 1 The portion of the branch inventory on January 1 that came from the outside supplier is? 2. The fotal inventory of Deter Company to appear in the consolidated balance sheet is

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