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What amount of write-down is recognized b. 78,000 on Dec. 31, 20x1? c. 90,000 a. 12,000 d. 0

What amount of write-down is recognized b. 78,000 on Dec. 31, 20x1? c. 90,000 a. 12,000 d. 0

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What amount of write-down is recognized on Dec. 31, 20xl? b. 78,000 a. 12,000 c. 90,000 d. 0 с.
Transcribed Image Text:What amount of write-down is recognized on Dec. 31, 20xl? b. 78,000 a. 12,000 c. 90,000 d. 0 с.
17. Information on Bamboo Co.'s inventories on Dec. 31, 20x1 is as follows: Cost NRV Raw materials and factory supplies Finished goods 160,000 1,780,000 148,000 1,870,000
Transcribed Image Text:17. Information on Bamboo Co.'s inventories on Dec. 31, 20x1 is as follows: Cost NRV Raw materials and factory supplies Finished goods 160,000 1,780,000 148,000 1,870,000
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