please show fomulas, steps A physical count of Crane Company's valued the December...

60.1K

Verified Solution

Question

Accounting

image
please show fomulas, steps
A physical count of Crane Company's valued the December 31,2025 inventory on hand at $993500. Crane Company had the following additional information at December 31, 2025: Based on the above information, the ending inventory value at December 31,2025 , should be decreased by $88800. $89200. $143900. $101500

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students