YR05 Ford Co balance sheet
cybacatx (Not rated)
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1. At December 31, YR05 Ford Co. gathered the following facts about its inventory: Description Amount Inventory on hand in Ford’s ware house $100 Inventory in-transit to Ford from suppliers, shipped FOB shipping Point $20 Inventory in-transit to Ford from suppliers, shipped FOB Destination $10 Inventory in-transit to customers from Ford, shipped FOB Shipping Point $5 The total amount of inventory to be reported on Ford's December 31, YR05 balance sheet would be: a. $100 b. $120 c. $130 d. $135 e.
- 8 years ago
YR05 Ford Co balance sheet
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