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A count of all inventories within the premises was made in the morning of December...

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Accounting

A count of all inventories within the premises was made in the morning of December 31,2016. Half of
the goods shipped to consignee on December 26 are still unsold at December 31, the agreed
commission on consignment sales is 20% the sales price.
The unadjusted ledger balances show the following:
Determine the adjusted balances of the following
Accounts receivable
a.363,320
b.329,620
c.361,120
d.389,320
Inventories
a.524,340
b.506,800
c.547,440
d.549,500
Sales
a.1,504,620
b.1,508,820
c.1,522,320
d.1,551,500
Cost of sales
a.928,360
b.942,660
c.917,500
d.973,000
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