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    Accounting Study Set 1
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    Exam 19: Inventories
  5. Question
    The N______ R_____________ Value of an Inventory Item for a Retailer
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The N______ R_____________ Value of an Inventory Item for a Retailer

Question 44

Question 44

Short Answer

The n______ r_____________ value of an inventory item for a retailer is its expected selling price in the normal course of business net of GST)less any estimated costs required to dispose of the item.

Correct Answer:

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