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The ending inventory of a company was $450,000 as per the perpetual inventory records.The current replacement cost for the ending inventory is $410,000.Prepare the journal entry to adjust inventory.Omit explanation.
Geographical Region
An area or part of the world that is distinct for its particular characteristics, whether natural, political, economic, or cultural.
Distribution Channel
Path through which products—and legal ownership of them—flow from producer to consumers or business users.
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