please solve Your Company carries inventory at the lower of cost or market. Using...
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Your Company carries inventory at the lower of cost or market. Using the information below, what is the adjustment needed to the inventory account? Item Units 100 150 market value $28 A B Inventory cost $30 $160 $75 $87 $170 $75 200 600 $82 O $3,200 debit O $3,200 credit $3,000 debit O $3,000 credit O $200 debit O $200 credit
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