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12. Trekking Company's cost of inventory was $317,500. Due to phenomenal demand the net realizable value has increased to $323,000. Trekking Company should write up
12. Trekking Company's cost of inventory was $317,500. Due to phenomenal demand the net realizable value has increased to $323,000. Trekking Company should write up the value of inventory under the LCNRV rule. O True O False
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Financial Accounting For Undergraduates
Authors: Wallace
4th Edition
1618533088, 9781618533081
