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Required information Exercise 6-13A Calculate inventory using lower of cost and net realizable value (L06-6) {The following information applies to the questions displayed below.) Home
Required information Exercise 6-13A Calculate inventory using lower of cost and net realizable value (L06-6) {The following information applies to the questions displayed below.) Home Furnishings reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end Inventory Inventory Purniture Electronice Quantity 220 52 Unit Cont 087 420 Unit NRV $102 310 Exercise 6-13A Part 3 3. Record any necessary adjustment to inventory. (If no entry is required for a transaction/event, select "No Journal E in the first account field.) View transaction list Journal entry worksheet
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