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Specific Identification
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Problem 10
Specific Identification
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5. Inventory / Specific Identification / Problem 10
Problem 10
After selling a painting, what is the remaining inventory balance if the remaining paintings are valued at \$20,000 and \$40,000 respectively?
A
\$50,000
B
\$90,000
C
\$30,000
D
\$60,000
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