Windsor, Inc. uses a perpetual inventory system and reported $513,260 of inventory at the beginning of the month based on a physical count of inventory. During the month, the company bought $63,900 of inventory and sold inventory that had cost $35,500. At the end of the month, the physical count of inventory shows $535,000 on hand. How much shrinkage occurred during the month? Multiple Cholce $28,840 $42160 $6.660 $21740
Windsor, Inc. uses a perpetual inventory system and reported $513,260 of inventory at the beginning of the month based on a physical count of inventory. During the month, the company bought $63,900 of inventory and sold inventory that had cost $35,500. At the end of the month, the physical count of inventory shows $535,000 on hand. How much shrinkage occurred during the month? Multiple Cholce $28,840 $42160 $6.660 $21740
Chapter1: Financial Statements And Business Decisions
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 alt="MC Qu. 6-56 Windsor, Inc. uses a perpetual Inventory...
Windsor, Inc. uses a perpetual inventory system and reported $513,260 of inventory at the beginning of the month based on a physical count of inventory. During the month, the company bought $63,900
of inventory and sold inventory that had cost $35,500. At the end of the month, the physical count of inventory shows $535.000 on hand. How much shrinkage occurred during the month?
Multiple Cholce
$28,840
$42160
O $6,660
$21.740
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Transcribed Image Text:MC Qu. 6-56 Windsor, Inc. uses a perpetual Inventory...
Windsor, Inc. uses a perpetual inventory system and reported $513,260 of inventory at the beginning of the month based on a physical count of inventory. During the month, the company bought $63,900
of inventory and sold inventory that had cost $35,500. At the end of the month, the physical count of inventory shows $535.000 on hand. How much shrinkage occurred during the month?
Multiple Cholce
$28,840
$42160
O $6,660
$21.740
< Prev
17 of 30
Next >
Type here to search
Trop storm warning
1130 AM
8/21/2021
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