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Klio2033 [76]
3 years ago
12

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
Business
1 answer:
ollegr [7]3 years ago
7 0

Answer:

Decrease ending inventory on the balance sheet.

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