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Below is a statement of inventory for a candle shop, given on January 31 Calculate the lower of cost or not realizable value for the
Below is a statement of inventory for a candle shop, given on January 31 Calculate the lower of cost or not realizable value for the inventory applied separatoty to each product, and by entory group Cost NAV TCNH da to Product Quantity Per Unit Total for Per Unit Total for product podac Hems Group Purple United Cancer 14 6.40 Red Sand Cance 30 050 035 Rue Votive Gands 13 5 5.85 Purple Votive Candles 20 8.75 Red Votive Candles 10 10.50 Totals D) Prepare any required adjusting entry assuming LCNRV Sacolod to each om Dates must be entered in the formatda mmm (154) Leave the entry bank dno adjusting antys required Page Accompanion WC Prepare any rogored adjusting entry assuming L.GNRV in pohod to the whole group Dates must be entered in the format dem (16/San Love the entry blank it no atostogeny required General Page Debt Credit Dale
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