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1. please can i get help Current Attempt in Progress In...

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Accounting

1. please can i get help
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Current Attempt in Progress In your audit of John Company, you find that a physical inventory on December 31, 2017. showed merchandise with a cost of $211,000 was on hand at that date. You also discover the following items were all excluded from the $211,000, 1. 2. 3. Merchandise of $20,000 which is held by John on consignment. The consignor is the Max Suzuki Company. Merchandise costing $25,000 which was shipped by John fo.b. destination to a customer on December 31, 2017. The customer was expected to receive the merchandise on January 6, 2018. Merchandise costing $22,000 which was shipped by John F.o.b. shipping point to a customer on December 29, 2017. The customer was scheduled to receive the merchandise on January 2, 2018. Merchandise.costing $54,000 shipped by a vendor fo.b. destination on December 30, 2017 and received by John on January 4,2018 Merchandise costing $42,000 shipped by a vendor fo.b.shipping point on December 31, 2017, and received by John on January 5, 2018 4. 5. Based on the above information, calculate the amount that should appear on John's balance sheet at December 31, 2017 for inventory Inventory as on December 31, 2017 $

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