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help fast plz Carney Company uses the LCNRV method. Its inventory, which had a recorded cost of $80,000, had a net realizable value of only

help fast plz

Carney Company uses the LCNRV method. Its inventory, which had a recorded cost of $80,000, had a net realizable value of only $75,000.

Using a contra-asset account, provide one of the two acceptable entries:

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