2009 ending inventory 30000 2010 ending inventory 55000 if

Reference no: EM13608024

2009 ending inventory $30,000, 2010 ending inventory $55,000. If inventory management uses dollar value cost flow assumption taking 2009 as base year and the price index of 2010 is 1.10 what adjusting entry it requires to make for 2010.

Reference no: EM13608024

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