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Prepare the adjusting journal entry required; if any. to recorcl the lower ofcost and net realizable 1uralue of the ini..rentorI_.Ir assuming Parker Furniture Shop uses

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Prepare the adjusting journal entry required; if any. to recorcl the lower ofcost and net realizable 1uralue of the ini..rentorI_.Ir assuming Parker Furniture Shop uses a perpetual inventory eyeten'l. [Credit account titles are automatically indented when the amount i5 entered. Do not indent manuaiifJ Account Titles; and Explanation Date

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