Current Attempt in Progress Whispering Company took a physical inventory on December 31 and...
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Accounting
Current Attempt in Progress Whispering Company took a physical inventory on December and determined that goods costing $ were on hand. Not included in the physical count were $ of goods purchased from Pelzer Corporation, fob shipping point, and $ of goods sold to Alvarez Company for $ fob destination. Both the Pelzer purchase and the Alvarez sale were in transit at yearend. What amount shquld Whispering report as its December inventory? December inventory $ Attempts: of used
Current Attempt in Progress
Whispering Company took a physical inventory on December and determined that goods costing $ were on hand. Not included in the physical count were $ of goods purchased from Pelzer Corporation, fob shipping point, and $ of goods sold to Alvarez Company for $ fob destination. Both the Pelzer purchase and the Alvarez sale were in transit at yearend. What amount shquld Whispering report as its December inventory?
December inventory $
Attempts: of used
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