Business, 24.06.2019 19:40 maryanapritchak1829

Given the following items and costs as of the balance sheet date, determine the value of faltron company's merchandise inventory. - $1,000 goods sold by faltron to another company. the goods are in transit and shipping terms are fob destination. - $2,000 goods sold by another company to faltron. the goods are in transit and shipping terms are fob destination. - $3,000 owned by faltron but in the possession of another company the consignee. - damaged goods owned by faltron which originally cost $4,000 but which now have a $500 net realizable value

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Given the following items and costs as of the balance sheet date, determine the value of faltron com...

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