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OH Anuntura restaurathowing word for hamburgers May 31, accounts for the wall the current role of the ting merchandietary is $425. Make wysing entry needed the Medited on shoot wolony 317 Maksyuting entry reeded to rely of comcorder com una forta treyertya manda Date Account Det Cred Merchandise inventory would be reported on the walls on July 312 inter Burgence who would report the inventory as follows: Surger alance Sheet Partia Current Assume that a Stoer Burger restaurant has the following perpetual inventory record for hamburper potten Click the loon to view the perpetual inventory record) At y 31, the accountant for the restaurant determines that the current replacement cost of the ending marchandise inventory is $425. Make any adjusting entry needed to cely the lower of cost or market Merchandise inventory would be reported on the balance sheet at what value on July 317 Mulo ary adjusting entry needed to sooty lower of color market in record debitis frut, then credit de explanation from oural entries. For situations that do not real on wory, moet weet entry required in the first coll in the "Accounts column and love all other colis blank) Date Accounts Debit Credit Jul 31 Assume that a Steer Burger restaurant has the following perpetual inventory record for hamburger patties: (Click the icon to view the perpetual inventory record.) At July 31, the accountant for the restaurant determines that the current replacement cost of the ending merchandise in Merchandise inventory would be reported on the balance sheet at what value on July 31? Date Accounts Debit Credit Jul. 31 Merchandise inventory would be reported on the balance sheet at what value on July 31? In this case, Steer Burger's balance sheet would report the inventory as follows: Steer Burger Balance Sheet (Partial) Current Assets: Choose from any list or enter any number in the input fields and then continue to the next question. 21 10 of 10 following perpetual inventory record for hamburger patties: ory record.) termines that the current replacement cost of the ending merchandise inventory is $425. Make any adjusting entry needed to e balance sheet at what va Debit i Data Table Date Cost of Goods Merchandise Purchases Sold Inventory on Hand $ 520 $ 520 Jul. 9 e balance sheet at what va Jul. 22 310 210 490 d report the inventory as fd 280 Jul. 31 Tal) Print Done the input fields and then continue to the next

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