Cinderella Shoe Shop had goods available for sale in 2022 with a retail price of $120,000. The

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Cinderella Shoe Shop had goods available for sale in 2022 with a retail price of $120,000. The cost of these goods was $84,000. If sales during the period were $80,000, what is the ending inventory at cost using the retail inventory method?

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Accounting Principles

ISBN: 9781119707110

14th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell

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