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IThe following information applies to the questions displayed below) During its second and third quarters of fscal 2014. Raspberry, Inc. wrote down itsBB10 smartphone inventory

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IThe following information applies to the questions displayed below) During its second and third quarters of fscal 2014. Raspberry, Inc. wrote down itsBB10 smartphone inventory by approximately $1.695.000.000 because its cost exceeded its market value. 7. 10,00 points Required 1. Complete the table below, indicating the account, amount, and direction and show the effects for the above adjustment. (Enter any decreases to account balances with a minus sign.) Assets Liabilities Stockholders' Equity

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