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Lower-of-Cost-or-Net Realizable Value Method The following data are taken from the Browning Corporation's inventory accounts: Calculate the value of the company's ending inventory using the

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Lower-of-Cost-or-Net Realizable Value Method The following data are taken from the Browning Corporation's inventory accounts: Calculate the value of the company's ending inventory using the lower-of-cost-or-net realizable value method applied to each item of in Ending Inventory Value: 1 A companson of teturned checta and bank advices revealed the folowne. 1. Deposits in transit Jily 31 amounted to 53.35. 19 2. Outitanding checks july at totaled 11,251 1.2. 4. A sts bank sense charge kus not yet been reconded by Sultwan compary Requered A. Prepare a bank reconciliation for Sulvan Compary at july 31 . Note: Do not round answers - enter using two decimal places, when ofeded

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