B-08.08 Worksheet

B-08.08 Worksheet - Inventory To record decline in value of...

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Name: Date: Section: B-08.08 (a) Beta VHS DVD BLU-RAY Cost Vs. "Market": Replacement cost Net realizable value NRV less normal profit margin VALUE TO REPORT (b) Loss Due to Decline in Market Value of Inventory
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Unformatted text preview: Inventory To record decline in value of Beta inventory (Note: Some companies will establish an allowance account rather than actually reducing the inventory account. (c) (d)...
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