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Business, 03.08.2021 15:20 glass60

Bell, Inc. took a physical inventory at the end of the year and determined that $830,000 of goods were on hand. In addition, Bell, Inc. determined that $60,000 of goods that were in transit that were shipped f. o.b. shipping point were actually received two days after the inventory was counted. The Company also had $90,000 of its goods out on consignment with ABC Co. What amount should Bell, Inc. report as inventory on its balance sheet at the end of the year

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