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O of 1 pt P6-64A (similar to) HW Score: 8,5 Trade Marthas recently had ees. The rate of inventory lower has redonde me the composto

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O of 1 pt P6-64A (similar to) HW Score: 8,5 Trade Marthas recently had ees. The rate of inventory lower has redonde me the composto power to and the netrable value of Fresher's ending intor 20.000 at the company for the role which w 2006 ray the end of the pred the folder 7.000 irement. What accounting action should Freshwater in this station wwer should apply the lower-of-con- carte rule to account for inventories. The net relatie value of ending wventory less than what's com, Fremst urte thee or irement b. Give any journal entry required. Record its first, the credits. Exclude partor from any journaliste entry is required, the entry on the front cel in the worn and the best Journal Entry Date Accounts Cred 31 Det Requirements What ang action should not Overwered c. Awer the company reporter on the we? A whole the company report out to do the income De were also

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