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A Recent Fire Destroyed the Inventory of the Candle Store

Question 147

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A recent fire destroyed the inventory of The Candle Store. The accountant is preparing an estimate of the loss for the insurance company and has gathered the following from the records of the company:
A recent fire destroyed the inventory of The Candle Store. The accountant is preparing an estimate of the loss for the insurance company and has gathered the following from the records of the company:    Prepare a schedule to compute the amount of the inventory lost in the fire. Prepare a schedule to compute the amount of the inventory lost in the fire.

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