Question: Exercise 9-5 Presented below is information related to Stellar Enterprises. Jan. 31 Foh. 28 Apr. 30 Inventory at cost Invertory at LCNRV Purchases for the

Exercise 9-5 Presented below is information related to Stellar Enterprises. Jan.

Exercise 9-5 Presented below is information related to Stellar Enterprises. Jan. 31 Foh. 28 Apr. 30 Inventory at cost Invertory at LCNRV Purchases for the month Sales for the month 18,573 $20,910 $17.220 19,188 29,520 43,050 18,450 17,835 15,408 16.350 32,595 49,200 35,570 the information prepare valuation account. (Enter negative as tar as e data permit mounts using either monthly income statements in columnar torm toFebruary, March, and April The inventory s to be shown in the statement at cost; the gain or loss due to market fluctuations is to be shown separately US negative sign preceding the number e.g. 45 or parentheses e.g. (45).) March April LIST OF ADOCOUNTS

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