Question: Current Attempt in Progress Crane Company has provided you with the following information regarding its inventory of copper for September and October. Crane uses a

 Current Attempt in Progress Crane Company has provided you with the
following information regarding its inventory of copper for September and October. Crane

Current Attempt in Progress Crane Company has provided you with the following information regarding its inventory of copper for September and October. Crane uses a perpetual inventory system. Prepare any journal entries required to record the LCNRV of the copper inventory at (1) September 30 and (2) October 31 . (If no entry Is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)

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