A physical inventory of the merchandise of Adams Stationery as of December 31, 2016, showed a valuation
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A physical inventory of the merchandise of Adams Stationery as of December 31, 2016, showed a valuation of $160,000 (at retail). Compute the stock shortages that occurred during the period from January 1, 2016, to December 31, 2016.
a. $2,500
b. $5,000
c. $10,000
d. $105,000
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Related Book For
Retail Management A Strategic Approach
ISBN: 9780133796841
13th Edition
Authors: Barry Berman, Joel Evans, Patrali Chatterjee
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