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1 point Trial Balance is prepared taking all ledger account balance. It is prepared to verify O whether incomes are equal to expenses Oooo whether ledger account having debit balances are equal to ledger account balances having credit balances whether total of assets are equal to liabilities Whether cash receipts are equal to cash payments Previous Inventories are valued at lower of cost and net realable value cost is dermined appropriate conforme FIFO or weighted ave r ables price in the ordinary course of business less the estimated costs of completion and the estimated costs necessary to make the sale Speciality Chemicals Inc found that cost of its ending inventory $ 60000 Selling of these inventory is 563000. Over and the company ested complete the inventory and estimated that brokerage of 2 on selling price will be paid What would be v e of me ? to 1000 Type your answer Previous Speciality Chemicals inc provided the following information as regards to purchase sales and inventories. What is the cost o v e ORA SOT Type your answer Previous