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8 6.53 points Required information (The following information applies to the questions displayed below.) A company like Golf USA that sells golf-related inventory typically will
8 6.53 points Required information (The following information applies to the questions displayed below.) A company like Golf USA that sells golf-related inventory typically will have inventory items such as golf clothing and golf equipment. As technology advances the design and performance of the next generation of drivers, the older models become less marketable and therefore decline in value. Suppose that in the current year, Ping (a manufacturer of golf clubs) introduces the MegaDriver II, the new and improved version of the MegaDriver. Below are year-end amounts related to Golf USA's inventory Inventory Quantity Unit Cost Unit NRV Shirts 26 $55 $61 MegaDriver 20 210 MegaDriver II 21 310 330 Swipoeg 270 eBook References 3. Record any necessary adjusting entry to inventory. (if no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) 8 3. Record any necessary adjusting entry to inventory. (If no entry is required for a transaction/event, select "No Required" in the first account field.) 5.53 points View transaction list Skipped Journal entry worksheet eBook Record any necessary adjusting entry for inventory. References Note: Enter debits before credits Transaction General Journal Debit Credit 1 Record entry Clear entry View general Journal
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