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June 6, 2019
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Do I use wholesale or retail amount for end of year inventory?

  • June 6, 2019
  • 1 reply
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Best answer by MinhT1

You have to value your ending inventory at cost, i.e. the price you actually paid for the goods remaining in inventory.

1 reply

MinhT1Answer
June 6, 2019

You have to value your ending inventory at cost, i.e. the price you actually paid for the goods remaining in inventory.

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