Bella Co, sold merchandise to a customer for $2,400, cash. The merchandise had originally cost $1,800. On January 1, 2012, Hartnet Company carrics inventory at the lower of cost or market on an aggregate basis. The cost of the inventory was $19,456 but the current market value is $18,500. Assuming the perpetual inventor system is used, how will the write-down affect the financial statements? Anna granted a 5100 allowance to a customer who was not totally satisfied with the quaury or goods reccived. Shelly uses the FIFO inventory cost flow method. When ber income tax is paid what is the effect of the entry While reconciling Sayder Company's bank statement, an acoountant discovered a bank service charge of $12