FINANCIAL ACCOUNTING:TOOLS FOR BUSINESS
FINANCIAL ACCOUNTING:TOOLS FOR BUSINESS
19th Edition
ISBN: 9781119493624
Author: Kimmel
Publisher: WILEY
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Chapter 6, Problem 6.1BE

(a)

To determine

Physical inventory is the actual inventory which are counted tangibly. Normally, at the end of each accounting period, company take the count of the physical inventory. It contains the details of the inventories like, actual count, weight, volume, and measures for all type of inventories.

To Identify: Whether the following item should be included or excluded in the P’s Company physical inventory.

(b)

To determine

To Identify: Whether the following item should be included or excluded in the P’s Company physical inventory.

(c)

To determine

To Identify: Whether the following item should be included or excluded in the P’s Company physical inventory.

(d)

To determine

To Identify: Whether the following item should be included or excluded in the P’s Company physical inventory.

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FINANCIAL ACCOUNTING:TOOLS FOR BUSINESS

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Chapter 6 Merchandise Inventory; Author: Vicki Stewart;https://www.youtube.com/watch?v=DnrcQLD2yKU;License: Standard YouTube License, CC-BY
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