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For the fiscal year ended May 31, 2025, prepare the entry to record the inventory write-down, if any, using the loss method. (List all debit
For the fiscal year ended May 31, 2025, prepare the entry to record the inventory write-down, if any, using the loss method. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)
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