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Wk 2 - Apply: Summative Assessment [due Day 7] Saved 11.11 8 00 points Assuming inventory write-downs are common for Almaden, record any necessary
Wk 2 - Apply: Summative Assessment [due Day 7] Saved 11.11 8 00 points Assuming inventory write-downs are common for Almaden, record any necessary year-end adjustment amount for each of the LCNRV applications in requirement 1. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list eBook References Journal entry worksheet 1 2 3 Record necessary year-end adjustment for individual products. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit explanation Record entry Clear entry View general journal < Required 1 Required 2 > Help
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