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How are issues such as customer theft and spoilage addressed at year-end?
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Sep 27, 2018
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How are issues such as customer theft and spoilage addressed at year-end?
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Yi Ren
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In accounting, the inventory is always done annually so inventory must always be accounted for at the year end. In order to address issues such as customer theft or spoilage, you have to minus (it's market value) from the beginning inventory.
Moniquea
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Oct 3, 2018
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