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Prepare the journal entry that the company would have

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Reference no: EM133153122

Question - During fiscal 2014, Respberry, Incorporation wrote down its RB10 smart-phone inventory by approximately $1,704,000,000 because its cost exceeded its net realizable value.

Required - Prepare the journal entry that the company would have made to record the above adjustment.

Reference no: EM133153122

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