Business, 18.09.2019 20:10 canonmille2
At december 31, 2014 mohling company's inventory records indicated a balance of $602,000. upon further investigation it was determined that this amount included the following: • $112,000 in inventory purchases made by mohling shipped from the seller 12/27/14 terms fob destination, but not due to be received until january 2nd• $74,000 in goods sold by mohling with terms fob destination on december 27th. the goods are not expected to reach their destination until january 6• $6,000 of goods received on consignment from dollywood companywhat is mohling's correct ending inventory balance at december 31, 2014?
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At december 31, 2014 mohling company's inventory records indicated a balance of $602,000. upon furth...
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