SOUTHWEST..ESSEN.OF TAX.2020 W/CENGNOWV
SOUTHWEST..ESSEN.OF TAX.2020 W/CENGNOWV
23rd Edition
ISBN: 9780357251881
Author: Raabe
Publisher: Cengage Learning
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Best Deals Inc. has six CD players in ending merchandise inventory on December 31. The players were purchased in November for $165. The price lists from suppliers indicate the current replacement cost of a CD player to be $162. What would be the amount reported as Inventory on the balance sheet? a. 972$ b. 990$ c. 1800 d. 1890
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