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Problem - Vaughn Manufacturing took a physical inventory on December 31 and determined that goods costing $216,000 were on hand. Not included in the physical count were $30,000 of goods purchased from Tamarisk, Inc., FOB, shipping point, and $21,500 of goods sold to Sheffield Corp. for $32,000, FOB destination. Both the Tamarisk purchase and the Sheffield sale were in transit at year-end. Find what amount should Vaughn report as its December 31 inventory?
prepare a three 3 year forecast of estimated future cash flows for you company and give valid economicbusiness reasons
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Explain the key features of the Balanced Scorecard approach to performance measurement
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Received a $880 deposit from a customer who wanted her piano rebuilt in February. Prepare an unadjusted trial balance at June
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Calculate the partner's basis in the assets distributed to that partner and the partner's post-distribution basis in her partnership interest.
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