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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
Author:
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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
This helped my grade so much Perfect
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Helped a lot
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Just got PERFECT on my quiz
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