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Brady Inc, has selected specific identification as its inventory costing method. At December 31, 2025, it has the following information for its finished goods: If

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Brady Inc, has selected specific identification as its inventory costing method. At December 31, 2025, it has the following information for its finished goods: If Brady uses the loss method to record imventory write-downs, it will make a journal entry debiting Cost of Goods Sold for $800. crediting friventory for $4000. debiting Inventory Loss for $2500. No journal entry will be made

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