Journalize the difference between actual cash balance and the reported amount on cash register.

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Marin Company follows the practice of pricing its inventory at the lower- of-cost-or-market, on an individual-item basis. Cost Cost to Ite Estimated Cost of Norm Qua m per Replac Selling Completion al ntity No. Unit e Price and Dsposal Profit 1320 1,400 $ 3.81 $ 3.57 $ 5.36 $0.42 $1.49 1333 1,100 3.21 2.74 4.17 0.60 0.60 1426 1,000 5.36 4.40 5.95 0.48 1.19 1437 1,200 4.28 3.69 3.81 0.30 1.07 1510 900 2.68 2.38 3.87 0.95 0.71 1522 700 3.57 3.21 4.52 0.48 0.60 1573 3,200 2.14 1.90 2.98 0.89 0.60 1626 1,200 5.59 6.19 7.14 0.60 1.19 From the information above, determine the amount of Marin Company Inventory. The amount of Marin Company inventory $

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Chapter 6, Problem 7E

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Journalize the difference between actual cash balance and the reported amount on cash register.

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Marin Company follows the practice of pricing its inventory at the lower- of-cost-or-market, on an individual-item basis. Cost Cost to Ite Estimated Cost of Norm Qua m per Replac Selling Completion al ntity No. Unit e Price and Dsposal Profit 1320 1,400 $ 3.81 $ 3.57 $ 5.36 $0.42 $1.49 1333 1,100 3.21 2.74 4.17 0.60 0.60 1426 1,000 5.36 4.40 5.95 0.48 1.19 1437 1,200 4.28 3.69 3.81 0.30 1.07 1510 900 2.68 2.38 3.87 0.95 0.71 1522 700 3.57 3.21 4.52 0.48 0.60 1573 3,200 2.14 1.90 2.98 0.89 0.60 1626 1,200 5.59 6.19 7.14 0.60 1.19 From the information above, determine the amount of Marin Company Inventory. The amount of Marin Company inventory $

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Subject:- General Account