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Question 9 6 points Save Answ Cours Company began operations in 2013 and determined its ending inventory at cost and at lower-of-cost-or-market at December 31,
Question 9 6 points Save Answ Cours Company began operations in 2013 and determined its ending inventory at cost and at lower-of-cost-or-market at December 31, 2013, and December 31, 2014. This information is presented below. 12/31/13 12/31/14 cost $358,400 415,110 Lower-of-cost-or-Market $331,370 392,690 Prepare the journal entries required at December 31, 2013, and December 31, 2014, assuming that the inventory is recorded at market, and a perpetual inventory system (direct method) 15 Used Your answer TTTT Paragraph - Arial %DOQ fx Mashups - 16 @B 3 (12pt) - E - T- T' T. 25 m --- B BEEB Wees Path: Words:0 > Question 9 of 29 Moving to another question will save this response 03 TelephoneDirectory. FAST-PASS Registrs. mok. Wg 05.05.20doc.docx Take Test: Final Ex... 3D 4:05 PM 3/5/2020 BOS-8X5MCV2
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