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Revolution Hardware Reported $300, 000 of Inventory on December 31

Question 75

Essay

Revolution Hardware reported $300, 000 of inventory on December 31, 2010, based on a physical count.
Additional information is as follows:
Revolution Hardware reported $300, 000 of inventory on December 31, 2010, based on a physical count. Additional information is as follows:    Required: Compute the correct amount of December 31, 2010, ending inventory for Revolution Hardware. Required:
Compute the correct amount of December 31, 2010, ending inventory for Revolution Hardware.

Correct Answer:

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$300, 000 + $35, 000...

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