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    Intermediate Accounting Study Set 1
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    Exam 6: Inventories
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    Using the Following Information, What Amount of "Shrinkage" Would Be
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Using the Following Information, What Amount of "Shrinkage" Would Be

Question 107

Question 107

Multiple Choice

Using the following information, what amount of "shrinkage" would be identified under the periodic inventory system? Using the following information, what amount of  shrinkage  would be identified under the periodic inventory system?   A) $ 0 B) $300,000 C) $650,000 D) $700,000


A) $ 0
B) $300,000
C) $650,000
D) $700,000

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