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Nelson Corporation is requred to record an inventory wile down of $2,500 as a result of using the lower-of-cost-or-market rule. Which of the following shows

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Nelson Corporation is requred to record an inventory wile down of $2,500 as a result of using the lower-of-cost-or-market rule. Which of the following shows how this business event would affect the financial statements? - 19 seta Liab. 1.12,500) E.12,500) C. MA D. (2,500) (2,500) 12,500) Stk. Rev. Equity 12,500) NA NA 2,500 2,500 12,500) B Exp. - Net Inc. 2,500 (2,500) RA NA NA 2,500 2,500 (2,500) Sunt of Cash Flows NA NA NA 12,500) Multiple Choke Donc che 29 o Next > e E

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