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Presented below is information related to Larkspur Company. Cost Retail Beginning inventory $362,797 $286,000 Purchases ,370,000 2,145,000 Markups 95,100 Markup cancellations Markdowns Markdown cancellations
Presented below is information related to Larkspur Company. Cost Retail Beginning inventory $362,797 $286,000 Purchases ,370,000 2,145,000 Markups 95,100 Markup cancellations Markdowns Markdown cancellations 14,800 32,900 5,100 Sales revenue 2,193,000 Compute the inventory by the conventional retail inventory method. Ending inventory using conventional retail inventory method $
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
15th edition
978-1118159644, 9781118562185, 1118159640, 1118147294, 978-1118147290
