Question: Exercise 7 - 1 3 ( Algo ) Part d - Horizontal model d . Use the horizontal model, demonstrate accounting that would be appropriate

Exercise 7-13(Algo) Part d - Horizontal model
d. Use the horizontal model, demonstrate accounting that would be appropriate for the cost of the kegs that are purchased and used by NightWoundsTime Brewing Company, including how to account for unreturned kegs?Indicate the financial statement effect.
Note: Enter decreases with a minus sign to indicate a negative financial statement effect.

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