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Determine the Correct Inventory Balance base on the data below: Cost NRV Light Roast 100,000 125,000 Medium Roast 150,000 145,000 Dark Roast 150,000 160,000 Premium
| Determine the Correct Inventory Balance base on the data below: | |||||
| Cost | NRV | ||||
| Light Roast | 100,000 | 125,000 | |||
| Medium Roast | 150,000 | 145,000 | |||
| Dark Roast | 150,000 | 160,000 | |||
| Premium Roast | 50,000 | 35,000 | |||
| Total | 450,000 | 465,000 | |||
| Provide the adjusting Journal Entry if necessary | |||||
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Accounting Theory Contemporary Accounting Issues
Authors: Thomas G. Evans
1st Edition
0324107846, 9780324107845
