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Title: Best Deals, Inc. has 13 units in ending merchandise inventory on December 31. The units were ... Post by: H3Ko on Aug 29, 2016 Best Deals, Inc. has 13 units in ending merchandise inventory on December 31. The units were purchased in November for $155 each. The price lists from suppliers indicate the current replacement cost of the item to be $161 each. What would be the amount reported as Merchandise Inventory on the balance sheet?
A) $2,093 B) $2,015 C) $316 D) $4,108 Title: Re: Best Deals, Inc. has 13 units in ending merchandise inventory on December 31. The units were ... Post by: Mrgo-breed on Aug 29, 2016 Content hidden
Title: Re: Best Deals, Inc. has 13 units in ending merchandise inventory on December 31. The units were ... Post by: H3Ko on Oct 12, 2016 YES! Can't believe I got this one right. Appreciate the confirmation
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