Solved: Do I use wholesale or retail amount for end of year inventory?

Do I use wholesale or retail amount for end of year inventory?

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You have to value your ending inventory at cost, i.e. the price you actually paid for the goods remaining in inventory.

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You have to value your ending inventory at cost, i.e. the price you actually paid for the goods remaining in inventory.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Do I use wholesale or retail amount for end of year inventory?