Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 6 - Reporting and Analyzing Inventory - Self-Test Questions: 3

Answer

b

Work Step by Step

The inventory should include the value of the goods on consignment at Rogers. Goods that were purchased but not yet paid for or received are not included. $180000+35000=215000$
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