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Better buy inc has 7 units in inventory on december 31 what

Question - Better Buy, Inc. has 7 units in inventory on December 31. The units were purchased in November for $160 each. The price lists from the suppliers indicate that the same items would now cost the company a total of $1,155. What would be the amount reported as Ending Merchandise Inventory on the balance sheet?

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Accounting Basics: Better buy inc has 7 units in inventory on december 31 what

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Accounting Basics: Better buy inc has 7 units in inventory on december 31 what

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