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How do you find the ending inventory?


How do you find the ending inventory?

Step 1

Many companies earn revenue by selling inventory rather than a service. These companies are manufacting or merchandising companies. Inventories include items that are intended for sale to customers. e.g. books at Amazon, building supplies at Home depot etc. Inventory also include items that are not yet finished goods. e.g rubber at a tire manugacturer forms part of the inventory.

Inventory is shown as a ...

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