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H N 2001: Investory Categies Cost NRY Desktop www Twitter 163.700224 000 22100 285.000 97400100 Required: 1. Calculate the lower of cost and net realisable

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H N 2001: Investory Categies Cost NRY Desktop www Twitter 163.700224 000 22100 285.000 97400100 Required: 1. Calculate the lower of cost and net realisable value for each inventory eategory within Kemble's inventory 1. Prepare the entry needed to adjust Kemble's inventory value to the lower of cost or net realizable value at December 31, 2021. Date General lournal Accountities and Explanation Debit Cred

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