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im not done, but fill in blanks so i can check my work The following information pertains to the physical inventory of Electronics Unlimited taken
im not done, but fill in blanks so i can check my work
The following information pertains to the physical inventory of Electronics Unlimited taken at December 31: Required: 1. Calculate the LCNRV for the: a. inventory by major group b. inventory, applied separately to each product. b. inventory, applied separately to each product. 2. Prepare the appropriate entry, if any, for 1(a) and 1 (b). Journal entry worksheet Record the entry to write inventory down to LCNRV(major group). Note: Enter debits before credits Step by Step Solution
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