groff profit method to estimate for insurance company

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Oct 28, 2007, 01:26 PM

borci

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Join Date: Oct 2007

Posts: 1

gross profit method to estimate for insurance company

I just completed a problem using the gross profit method for estimating inventory due to a fire loss. The last part of the problem is asking to give entries end of year to close the merchandise accounts?

Thank you!!!!

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