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The Red Valley Company maintaine perpetual inventory records. Although its inventory records indicated $18.000 in the inventory a phyical count showed only $16,250. Which

 

The Red Valley Company maintaine perpetual inventory records. Although its inventory records indicated $18.000 in the inventory a phyical count showed only $16,250. Which of the following answers indicates the effect of the necessary write-down? Assets Liab Equity Rev Exp Net inc Cash Fiow I1750) NA (1,750) NA 1,750 1.750) NA NA 1,750 (1,750) NA 1,750 11,7501 NA 16,250 NA 16,250 16,250 16,250 IA NA 16,250 (18,0000 NA (18,000) (18.0001 (18,000) NA NA

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