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GNRWIVES Karyp Corpsrecords reported an inventory cost of $51.400 and a net realizable value of SAR,500 at December 31, 2017 December 31, 2000, the months

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GNRWIVES Karyp Corpsrecords reported an inventory cost of $51.400 and a net realizable value of SAR,500 at December 31, 2017 December 31, 2000, the months indicated a cost of $6,000 and a net realable value of $60,000. All opening inventory had been sold during the year + instructions Assuring that Kanga Corp. uses a perpetual inventory system, prepare the necessary entries as at December 31, 2019 and December 31, 2020 under both the direct method and the indirect method

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