tytenaedwards7683 tytenaedwards7683

15-11-2019
Business

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Abel company must write-down its inventory by $30,000 to the net realizable value of $450,000 at december 31, 2016. what is the effect of this writedown on the year 2016 financial statements

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amirmeeka amirmeeka

15-11-2019

Answer:

Decrease ending inventory on the balance sheet.

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