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Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
during the period 1 oct to 10 october2008 the stock figure was $38 900 sales were $7800,the company makes a gross profit of30% on cost (ii)purchases were$4000 (iii)returns in wards were$1950 (iv)one stock sheet had been overadded by$800while the other had been under-added by $560 goods costing $400 on sale/return basis had been included in stock figure vi)inclu1ded in the stock,were goods costing $1200,the goods can now be sold at half the normal priceAFTER restorationwork costing $200 vii)goods received on on a sale/return basishqad been included in stock at the amount payable of $600if retained.nodecision to retain the goods had been made viii)a stock sheet totalling $128 had been transferred to the summary sheet as $182. QUESTION: CALCLATE THE VALUE OF STOCK AS AT 30 SEPTEMBER 2008
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