Question: Please do question in Excel and not on paper, Thanks! 86 87 9. 88 Given the following conditions determine: 89 A. Is there an inventory

 Please do question in Excel and not on paper, Thanks! 86

Please do question in Excel and not on paper, Thanks!

86 87 9. 88 Given the following conditions determine: 89 A. Is there an inventory shortage or overage? 90 B. The inventory shortage or overage %: 91 Retail 92 opening inventory $325,000.00 93 gross purchases $ 165,000.00 34 returns to vendors $25,000.00 35 transfers in $10,000.00 26 total merch handled 27 gross sales $125,000.00 28 customer returns $20,000.00 29 net markdowns $15,000.00 DO employee discounts $2,000.00 01 total retail deductions 02 closing book inventory 3 closing physical inventory $350,000.00 4 shortage /overage $ 05 shortage /overage % 26

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