The physical inventory of Nahmany Inc. as of December 26, 2016, totalled P945,000. In trying to establish the December 31 inventory, you noted the following transactions from December 27 to December 31, 2016. Sales (30% markup on cost) Credit memos issued: For goods returned on: December 15 December 20 December 29 For goods delivered to customers not in accordance

Sep 8, 2023

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The physical inventory of Nahmany Inc. as of December 26, 2016, totalled P945,000. In trying to establish the December 31 inventory, you noted the following transactions from December 27 to December 31, 2016. Sales (30% markup on cost) Credit memos issued: For goods returned on: December 15 December 20 December 29 For goods delivered to customers not in accordance
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