TrueVision HD t-4407278page-1 ooount to record the purohase of a new house, bought solely for her personal use. Full Disclosure Principle Merchandise inventory that cost $620:000 to buy from the manufacturer is being reported on the balance sheet of a retailer at $690 000 the expected selling price less estimated selling costs = Choose here was a fire on January 1 2016 thatidestroyed the main aotory building of a company Whes the gompany released 2015 balange sheet on rma