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pls respond asap will rate up if correct ty X Co. adopted Dollar-Value LIFO on January 1, 2019. Its inventory on that date was $105,000.
pls respond asap will rate up if correct ty
X Co. adopted Dollar-Value LIFO on January 1, 2019. Its inventory on that date was $105,000. What was the Inventory value on X's Balance Sheet on December 31st, 2021? Date Current Price Index Inventory at Current Price 12/31/19 1.05 $126,000 12/31/20 1.07 $133,750 12/31/21 1.08 $131,760 O $131,760 $125,000 $131,760 O $122,890Step by Step Solution
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