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account has a balance of $750,000. Read the Requirement a. What accounting action should Lamar take in this situation? Lamar should apply the to acoount
account has a balance of $750,000. Read the Requirement a. What accounting action should Lamar take in this situation? Lamar should apply the to acoount for inventories. The net realizable value of ending inwentory is Lamar's actual cosi, so Lamar must write the inventory to net realizable value
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