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What is the amount of Aztec inventory shrinkage

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Reference no: EM133106358

Question - Aztec Inc.'s inventory records indicate the following on December 31:

Account balance of Inventory $70,700

Physical merchandise inventory on hand 69,700

Estimated customer refund 1,800

Required - What is the amount of Aztec's inventory shrinkage?

a. $1,800

b. $2,800

c. $1,000

d. $3,800

Reference no: EM133106358

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