REVEL for Accounting Information Systems -- Access Card (14th Edition)
14th Edition
ISBN: 9780134642628
Author: Marshall B. Romney, Paul J. Steinbart
Publisher: PEARSON
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Question
Chapter 11, Problem 13.1P
To determine
Identify the incorrect statement.
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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
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player to be $162. What would be the amount reported as Inventory on
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a. 972$
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c. 1800
d. 1890
Chapter 11 Solutions
REVEL for Accounting Information Systems -- Access Card (14th Edition)
Ch. 11 - Prob. 1CQCh. 11 - Prob. 2CQCh. 11 - Prob. 3CQCh. 11 - Prob. 4CQCh. 11 - Prob. 5CQCh. 11 - Prob. 6CQCh. 11 - Prob. 7CQCh. 11 - Prob. 8CQCh. 11 - Prob. 9CQCh. 11 - Prob. 10CQ
Ch. 11 - Prob. 1DQCh. 11 - Prob. 2DQCh. 11 - Prob. 3DQCh. 11 - The assistant finance director for the city of...Ch. 11 - Prob. 5DQCh. 11 - Prob. 6DQCh. 11 - Prob. 7DQCh. 11 - Prob. 1PCh. 11 - Prob. 2PCh. 11 - Prob. 3PCh. 11 - Prob. 4PCh. 11 - Prob. 5PCh. 11 - Prob. 6PCh. 11 - Prob. 7PCh. 11 - Prob. 8PCh. 11 - Prob. 9PCh. 11 - Prob. 10PCh. 11 - Prob. 11PCh. 11 - Prob. 12PCh. 11 - Prob. 13.1PCh. 11 - Prob. 13.2PCh. 11 - Prob. 13.3PCh. 11 - Prob. 13.4PCh. 11 - Prob. 13.5PCh. 11 - Prob. 13.6PCh. 11 - Prob. 13.7PCh. 11 - Prob. 13.8PCh. 11 - Prob. 13.9PCh. 11 - Prob. 14PCh. 11 - Prob. 1C
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- Hello tutor provide correct answer general accountingarrow_forwardPark industries purchased a printing press solve this accounting questionsarrow_forwardGiven the following information, compute the current and quick ratios: Cash $ 1,00,000 Accounts receivable 3,57,000 Inventory 4,58,000 Current liabilities 4,98,000 Long-term debt 6,10,000 Equity 5,98,000arrow_forward
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