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Business, 02.12.2020 16:50 kenken2583

Concord Inc. took a physical inventory at the end of the year and determined that $783000 of goods were on hand. In addition, Concord, Inc. determined that $55000 of goods that were in transit that were shipped f. o.b. shipping point were actually received two days after the inventory count and that the company had $91000 of goods out on consignment. What amount should Concord report as inventory at the end of the year

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Concord Inc. took a physical inventory at the end of the year and determined that $783000 of goods w...
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