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Business, 25.09.2019 04:40 haileycho

Bell inc. took a physical inventory at the end of the year and determined that $780,000 of goods were on hand. in addition, bell, inc. determined that $60,000 of goods that were in transit that were shipped f. o.b. shipping point were actually received two days after the inventory count and that the company had $90,000 of goods out on consignment. what amount should bell report as inventory at the end of the year?

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