Say It Loud Cards, a distributor of fun and witty cards, operates out of owner Scott Arlens

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Say It Loud Cards, a distributor of fun and witty cards, operates out of owner Scott Arlen’s home. At the end of the accounting period, Arlen has 1,500 units of products in his basement, 30 of which were damaged by water leaks and cannot be sold. He also has another 250 units in his van, ready to deliver to fill a customer order, terms FOB destination, and another 70 units out on consignment to a friend who owns a stationery store. How many units should be included in the end-of-period inventory?

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Fundamental Accounting Principles Volume 1

ISBN: 9781259259807

15th Canadian Edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

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