Business, 18.09.2019 20:10 tylermorse3775

At december 31, 2014 howell company's inventory records indicated a balance of $858,000. upon further investigation it was determined that this amount included the following: • $168,000 in inventory purchases made by howell shipped from the seller 12/27/14 terms fob destination, but not due to be received until january 2nd• $111,000 in goods sold by howell with terms fob destination on december 27th. the goods are not expected to reach their destination until january 6• $9,000 of goods received on consignment from westwood companywhat is howell's correct ending inventory balance at december 31, 2014?

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At december 31, 2014 howell company's inventory records indicated a balance of $858,000. upon furthe...

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