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Fundamental Accounting Principles page 219 5-4A – RoyalCustomEssays

Fundamental Accounting Principles page 219 5-4A

ACC 291 Week 4 Assignments
July 6, 2018
Chapter 1 Defining and Collecting Data
July 6, 2018

Assume
the ending inventory at August 31, 2013 is $30,000 rather than $41,000, based
on a physical count taken at year-end. What is the significance of this
difference? How would it affect the income statementHow
would you explain costs of transportation-in vs customer delivery expenses?

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