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Business, 13.03.2020 22:48 mkingston1705

Home Furnishings reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end inventory. Inventory Quantity Unit Cost Unit NRV Furniture 250 $ 90 $ 105 Electronics 55 450 325 3. Record any necessary adjustment to inventory. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

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Home Furnishings reports inventory using the lower of cost and net realizable value (NRV). Below is...
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