Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. blossom limited is trying to deternine the value o

Blossom Limited is trying to deternine the value of its ending imentory as...

90.2K

Verified Solution

Question

Accounting

Blossom Limited is trying to deternine the value of its ending imentory as of Fcbrury 26,2022, the company's year end The accountant counted wery thing that was in the warchause as of Fabyary 29, which tesulted an mending inventory valuation of amput: $1,690. The poos were shipped FOB shoping paint, and the reaving repor indisates that the oustomer received the goods on Murh 2.
(b) On Petruary 23, Martire ine shipped goods te Blasson FOD destinitien Tre invoice price whit $700 glus $50 for freight Plossen on Mrich? Mirch4. censigntent from Dlawatr s
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Programming
1.2K views

1. From the statement “Lincoln is the 16th US president”, we can come up with the...

Psychology
1.2K views

1.Describe Gardner’s theory of multiple intelligences, including the distinct types of intelligence that characterize different forms of...

Physics
1.2K views

2 Rear window of a car has a size of 120 x 45 cm 32...

Physics
1.2K views

Q10 A damped oscillations is executed by a mass of 400 g The spring constant...

Physics
1.2K views

The potential difference across the inductor when it is co nnected to battery is only...

Calculus
1.2K views

1 point The table below gives the height f t in feet of a weight...

Algebra
1.2K views

Find the equation of the einele with center 1 2 and paring through the pofit...

Accounting
1.2K views

Alyesk Tours operates day tours of coastal glaciers...

Accounting
1.2K views

The company computes depreciation on a straight-line basis. All investment projects are evaluated using a...

Accounting
1.2K views

Marleen, who is 37 years old, is an employee of Zcrypt, Inc. (Zcrypt). Zcrypt sponsors...

Accounting
1.2K views

A company uses a job-order costing system for its factory that produces widgets. Job 1052...

Accounting
1.2K views

ToyWorks Ltd. is a company that manufactures and sells a single product, which they call...