QS 6-12 Estimating inventories-gross profit method LOS The inventory of Sath Avenue Department Store was destroyed...

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QS 6-12 Estimating inventories-gross profit method LOS The inventory of Sath Avenue Department Store was destroyed by a fire on September 10, 2020. The following 2020 data were found in the accounting records Jan 1metory Jan 1-Seot. 10 purnases an 1-Set 10 . S342000 2030 astmatd gron pott te Estimate the cont of the inventory destroyed in the fire using the grom profit method. QS 6-12 Estimating inventories-gross profit method LOS The inventory of Sath Avenue Department Store was destroyed by a fire on September 10, 2020. The following 2020 data were found in the accounting records Jan 1metory Jan 1-Seot. 10 purnases an 1-Set 10 . S342000 2030 astmatd gron pott te Estimate the cont of the inventory destroyed in the fire using the grom profit method.