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Ending Inventory Formula
Asked Jan 7, 2009, 04:57 AM
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2 Answers How do I calculate ending inventory? |
2 Answers
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| Given: Sales: $165,250 Sales return: $980 Sales discount: $,1960 Begining inventory: $16,880 Purchases: $108,380 Purchase discount: $1,630 Transportation: $700 ________________________________________ Gross profit: $58,210 Net income: $17,360 Find ending inventory | ||||
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