Business, 15.07.2019 20:20 miathegreat

At december 31, 2017 pina colada corp. inventory records indicated a balance of $879000. upon further investigation it was determined that this amount included the following: ▪ $185000 in inventory purchases made by pina shipped from the seller 12/27/17 terms fob destination, but not due to be received until january 2nd ▪ $108000 in goods sold by pina with terms fob destination on december 27th. the goods are not expected to reach their destination until january 6th ▪ $8100 of goods received on consignment from westwood company what is pina correct ending inventory balance at december 31, 2017?

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At december 31, 2017 pina colada corp. inventory records indicated a balance of $879000. upon furthe...

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