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Calabogie Camera Shop Ltd. reports the following cost and net realizable value information for its inventory at December 31 : Using the accounting equation, determine
Calabogie Camera Shop Ltd. reports the following cost and net realizable value information for its inventory at December 31 : Using the accounting equation, determine the amount by which the company's assets, liabilities, and equity will change because of the adjustments recorded in parts (b) and (c) above. (If the change is decrease, enter amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). If there is no change, please enter 0 . Do not leave any fields blank.)
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