Complete Require A, Required B, Required C, and Required D

Problem 5-21A (Static) Inventory valuation based on the lower-of-cost-or-market rule LO 5-2 At the end of the year, Randy's Parts Company had the following items in inventory. Required a. Determine the amount of ending inventory using the lower-of-cost-or-market rule applied to each individual inventory item b. Provide the general journal entry necessary to write down the inventory based on Requirement a. Assume that Randy's Pa Company uses the perpetual inventory system. c. Determine the amount of ending inventory, assuming that the lower-of-cost-or-market rule is applied to the total inventory aggregate. d. Provide the general journal entry necessary to write down the inventory based on Requirement c. Assume that Randy's Pa Company uses the perpetual inventory system. Complete this question by entering your answers in the tabs below. Determine the amount of ending inventory using the lower-of-cost-or-market rule applied to each individual inventory item. Problem 5-21A (Static) Inventory valuation based on the lower-of-cost-or-market rule LO 52 At the end of the year, Randy's Parts Company had the following items in inventory. Required a. Determine the amount of ending inventory using the lower-of-cost-or-market rule applled to each indlidual inventory item. b. Provide the general Journal entry necessary to write down the inventory based on Requirement a. Assume that Randy's Parts Company uses the perpetual inventory system. c. Determine the amount of ending inventory, assuming that the lower-of-cost-or-market rule is applied to the total Inventory in aggregate. d. Provide the general Journal entry necessary to write down the Inventory based on Requirement c. Assume that Randy's Parts Company uses the perpetual inventory system. Complete this question by entering your answers in the tabs below. Provide the general journal entry necessary to write down the inventory based on Requirement a. Assume that Randy's Parts Company uses the perpetual inventory system. (If no entry is required for a transaction/event, select "No joumal entry required" in the first account field.) Journal entry worksheet Nate: Entar debitai befare credits: Problem 5-21A (Static) Inventory valuation based on the lower-of-cost-or-market rule LO 5-2 At the end of the year, Randy's Parts Company had the following items in inventory. Required a. Determine the amount of ending inventory using the lower-of-cost-or-market rule applied to each individual inventory item. b. Provide the general journal entry necessary to write down the inventory based on Requirement a. Assume that Randy's Par Company uses the perpetual inventory system. c. Determine the amount of ending inventory, assuming that the lower-of-cost-or-market rule is applied to the total inventory aggregate. d. Provide the general journal entry necessary to write down the inventory based on Requirement c. Assume that Randy's Par Company uses the perpetual inventory system. Complete this question by entering your answers in the tabs below. Determine the amount of ending inventory, assuming that the lower-of-cost-or-market rule is applied to the total inventory in aggregate. Problem 5-21A (Static) Inventory valuation based on the lower-of-cost-or-market rule LO 5.2 At the end of the year, Randy's Parts Company had the following items in inventory. Required a. Determine the amount of ending inventory using the lower-of-cost-or-market rule applled to each indildual inventory item. b. Provide the general Journal entry necessary to write down the invertory based on Requirement a. Assume that Randy's Parts Company uses the perpetual inventory system. c. Determine the amount of ending invertory, assuming that the lower-of-cost-or-market rule is applied to the total inventory in aggregate. d. Provide the general Journal entry necessary to write down the Inventory based on Requirement c. Assume that Randy's Parts Company uses the perpetual inventory system. Complete this question by entering your answers in the tabs below. Provide the general journal entry necessary to write down the inventory based on Requirement c. Assume that Randy's Parts Company uses the perpetual inventory system. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Nate: Enter debits before pred ts