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Author Question: In valuing merchandise for inventory purposes, net realizable value is the estimated selling price ... (Read 63 times)

gonzo233

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on: Jul 5, 2018
In valuing merchandise for inventory purposes, net realizable value is the estimated selling price less any directcosts of disposal.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

Ace Electronics sold 350 of merchandise to a customer on account. The sales tax was 6. How much sales revenue did Ace earn?
 
  A) 350
  B) 371
  C) 329
  D) 0


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alexisweber49

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Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

A


gonzo233

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  • Posts: 557
Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it

phuda

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Reply 3 on: Yesterday
Wow, this really help

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