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dbhuggybearow6jng
11.02.2020 •
Business
Suppose management estimated the market valuation of some obsolete inventory at $99,000; this inventory was recorded at $120,000, which resulted in recognizing a loss of $21,000. The auditors obtained the following information: The inventory in question could be sold for an amount between $78,000 and $92,000. The costs of advertising and shipping could range from $5,000 to $7,000.
Required:
a-1.
Would you propose an audit adjustment to the management estimate?
Yes
No
a-2.
Prepare the appropriate accounting entry. (In cases where no entry is required, please select the option "No journal entry required" for your answer to grade correctly. Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.)
General Journal Debit Credit
b-1.
If management
Solved
Show answers
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Ответ:
4(3x2y4)3/(2x3y5)4
Final result :
27
—————
4x6y8
Step by step solution :
Step 1 :
Equation at the end of step 1 :
(((3•(x2))•(y4))3)
4•——————————————————
((2x3•(y5))4)
Step 2 :
Equation at the end of step 2 :
((3x2 • (y4))3)
4 • ———————————————
24x12y20
Step 3 :
33x6y12
Simplify ————————
24x12y20
Dividing exponential expressions :
3.1 x6 divided by x12 = x(6 - 12) = x(-6) = 1/x6
Dividing exponential expressions :
3.2 y12 divided by y20 = y(12 - 20) = y(-8) = 1/y8
Equation at the end of step 3 :
27
4 • ——————
16x6y8
Step 4 :
Final result :
27
—————
4x6y8