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Home Q & A Board Other Fields Homework Help Business Accounting
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upton upton
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6 years ago
Possible reasons for a business estimating the value of the ending inventory should include:
A) the inventory is destroyed by fire.
B) the business uses periodic system and needs to prepare interim financial statements.
C) the business uses perpetual system so a physical inventory is never needed.
D) Both A and B are correct.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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OmpaOmpa
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6 years ago
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upton Author
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6 years ago
Thanks for your help!!
spaghetti
wrote...

Yesterday
Good timing, thanks!
deathDoUsPart
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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