Bryan has not kept accurate accounting records during the financial year. He had opening inventory of $8,000
Fantastic news! We've Found the answer you've been seeking!
Question:
Bryan has not kept accurate accounting records during the financial year. He had opening inventory of $8,000 and purchased goods costing $95,000 during the year. At the year end, he had $7,000 left in inventory. All sales are made at a markup on cost of 25%.
Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
Posted Date: