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Business, 21.12.2019 03:31 lulu3371

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?
a. $780,000.b. $840,000.c. $870,000.d. $930,000.

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