Question: can someone help me find the appropriate values in the attachment below and show me how to prepare the necessary journal entries. Problem 6-101! You
can someone help me find the appropriate values in the attachment below and show me how to prepare the necessary journal entries.


Problem 6-101! You have been provided with the following information regarding Sarasota Paper Ltd.'s inventory for June, July, and August. Paper Inventory (in tonnes) Cost/Tonne NRV/Tonne June 30 16,090 $830 $891 July 31 16,760 891 857 August 31 15,640 857 830 Calculate the cost and net realizable value of Sarasota Paper's paper inventory at (1) June 30, (2) July 31, and (3) August 31. Cost NRV June 30 $ $ July 31 August 31 Prepare any jnurnal enrxy necessary no record the LCNRV of the paper Invenborv at (x) June so, (2) July 31, and (3) August 31. Assume ma: Sarasota Paper uses a perpetual Inventory system. ("no nun-y I. milk-d, nice "No sun-y" m m. lmunt mm Ind Inn! 0 m- m lmounh. our: mun: w.- u- automatically Ind-med when m amour-m antena- Do not mum manually.) on. mum-M amt-um mu: cm!!! June 30 ' i I July 31 l I I I l Augu 31
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