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Business, 24.03.2020 18:57 mexicanvanilla
Mariah Company has inventory at the end of the year with a historical cost of $ 95 comma 000. Mariah Company uses the perpetual inventory system. Under the LCM rule, the current replacement cost is $ 72 comma 600. The company uses LIFO. Under U. S. GAAP, the journal entry to record the writeminusdown to LCM will:
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Can someone me ? i’ll mark the best answer brainliest : )
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Mariah Company has inventory at the end of the year with a historical cost of $ 95 comma 000. Mariah...
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