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Exercise 6-14 Calculate inventory using lower of cost and net reelizable velue 806-6 Required: 1. Calculate ending inventory using lower of cost and net realizable

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Exercise 6-14 Calculate inventory using lower of cost and net reelizable velue 806-6 Required: 1. Calculate ending inventory using lower of cost and net realizable value. QuantityLower of Cost Ending and NRV Inventory Shirts MegaDriver MegaDriver II Inventory 2. Record any necessary adjustment to inventory. (If no entry is required for a transaction/event, select "No journal entry required" in the first account View transaction list Journal entry worksheet Record the adjustment for inventory. Note: Enter debits before credits Transaction General Journal Record entry Clear entry View general journal Exercise 6-14 Calculate inventory using lower of cost and net reelizable velue 806-6 Required: 1. Calculate ending inventory using lower of cost and net realizable value. QuantityLower of Cost Ending and NRV Inventory Shirts MegaDriver MegaDriver II Inventory 2. Record any necessary adjustment to inventory. (If no entry is required for a transaction/event, select "No journal entry required" in the first account View transaction list Journal entry worksheet Record the adjustment for inventory. Note: Enter debits before credits Transaction General Journal Record entry Clear entry View general journal

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