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Mathematics, 20.01.2022 02:30 natalymorales96

The Concord Company has just completed a physical inventory count at year end, December 31, 2022. Only the items on the shelves, in storage, and in the receiving area were counted and costed on the FIFO basis. The inventory amounted to $75,200. During the audit, the independent CPA discovered the following additional information:

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The Concord Company has just completed a physical inventory count at year end, December 31, 2022. On...

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