
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
النسخة 22الرقم المعياري الدولي: 978-0077862275
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
النسخة 22الرقم المعياري الدولي: 978-0077862275 تمرين 16
The records of Macklin Co. provide the following information for the year ended December 31.
Required
1. Use the retail inventory method to estimate the company's year-end inventory.
2. A year-end physical inventory at retail prices yields a total inventory of $80,450. Prepare a calculation showing the company's loss from shrinkage at cost and at retail.
Required
1. Use the retail inventory method to estimate the company's year-end inventory.
2. A year-end physical inventory at retail prices yields a total inventory of $80,450. Prepare a calculation showing the company's loss from shrinkage at cost and at retail.
التوضيح
1.
Computation of ending inventory under...
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
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