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Ant sent to Gradebook. Your grade is being recorded Fri, May 29, 2020, 1157 24 AM (America/Regina -06:00) Question 6 View Policies Current Attempt in

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Ant sent to Gradebook. Your grade is being recorded Fri, May 29, 2020, 1157 24 AM (America/Regina -06:00) Question 6 View Policies Current Attempt in Progress The following information on cost and net realizable value of Flint Ltd's various inventory categories was gathered at December 31: Inventory Categories Cost NRV Desktops $344,900 $323,900 Tablets and readers 168,200 223,500 Laptops 223,100 286,900 Tablets and readers 97,700 94,600 Calculate the lower of cost and net realizable value for each inventory category within Flint's inventory. Lower of cost and net realizable value $ List of Accounts Prepare the entry needed to adjust Flint's inventory value to the lower of cost or net realizable value at December 31. (Credit accountilles is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) List of Accounts Prepare the entry needed to adjust Flint's inventory value to the lower of cost or net realizable value at December 31. (Cred is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit List of Accounts Save for Leter Assignment sent to Gradebook Yourgrade is being record F9 2020SAMA 16:00 *

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