Prepare the journal entry Peterson Furniture Designs would record on December 31 to write down its inventory to LCM/NRV. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

Chapter 7 Connect Assignment Help Save & Exit Submit Chack my work 6 Required information The following information applies to the questions displayed below Peterson Furniture Designs is preparing the annual tinancial statements dated December 31. Encing inventory Intarmation Part 2 af2 about the five major items stocked for regular sale follows: 4 28 2 Prepare the journal entry Peterson Furniture Designs would record on December 31 to write down its inventory to LCMNRV. (If no entry is required for a transaction event, select "No Journal Entry Required" in the first account field.) Vlew transaction list Journal entry worksheet Record inventory write down to LCM/NRV Note: Enter debitz before credit: Date Debit Credit Decernbe 31 Record entry Clear entry iew general Jounal Prey 6 of Next> Chapter 7 Connect Assignment Help Save & Exit Submit Chack my work 6 Required information The following information applies to the questions displayed below Peterson Furniture Designs is preparing the annual tinancial statements dated December 31. Encing inventory Intarmation Part 2 af2 about the five major items stocked for regular sale follows: 4 28 2 Prepare the journal entry Peterson Furniture Designs would record on December 31 to write down its inventory to LCMNRV. (If no entry is required for a transaction event, select "No Journal Entry Required" in the first account field.) Vlew transaction list Journal entry worksheet Record inventory write down to LCM/NRV Note: Enter debitz before credit: Date Debit Credit Decernbe 31 Record entry Clear entry iew general Jounal Prey 6 of Next>