Miller Shoe Shop had goods available for sale in 1998 with a retail price of ($ 120,000).
Question:
Miller Shoe Shop had goods available for sale in 1998 with a retail price of \(\$ 120,000\). The cost of these goods was \(\$ 84,000\). If sales during the period were \(\$ 90,000\), what is the ending inventory at cost using the retail inventory method?
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Related Book For 
Financial Accounting
ISBN: 9780471169208
2nd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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