Business, 25.10.2019 03:43, cupcake3103670

Megacorp lists inventory at $100,000 on the balance sheet. included in this amount are the following: goods that were purchased fob destination that were in transit on the balance sheet date: $10,000 good held on consignment for other companies: $7,500 goods that were purchased fob shipping point that were in transit on the balance sheet date: $2,500 what is the correct balance for megacorp’s inventory account

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Megacorp lists inventory at $100,000 on the balance sheet. included in this amount are the following...