Acet 200 Fall 2019 Hemker Online sections 500 & 501 Homework: Chapter 6 Score: 0 of 1 pt 5 of 6 (4 complete) E6-22 (book/static) Nutriset Foods reports merchandise inventory at the lower-of-cost-or-market. Prior to releasing its financial statements for the yo appears as follows: (Click the icon to view the preliminary income statement.) Nutiset has determined that the current replacement cost of ending merchandise inventory is $19,500. Cost is $24,000. Read the requirements. edits. Sel Requirement 1. Journalize the adjusting entry for merchandise inventory. If any is required. (Record debits first make sure to select "No entry required in the first cell in the "Accounts column and leave all other cells blank) Date Accounts and Explanation Debit Credit Mar. 31 Choose from any list or enter any number in the input fields click Check Answer 1 part remaining Clear All O Type here to search