heps://eugen. w yplus.com 5 INTERMEDIATE ACCOUNTING (ACCT 311 Kiese, Intermediate Accounting. 16 Assignment Grade ORION d tace efeat npts Your answer is partially correct. Try again entry was 23,163.000 at cost and 263,121,000 at Waterway Inc. uses a perpetual inventory system. A january 1, 2017 Inventory was $217,785,700 at both cost and reliable valu. At December 31, 2017, the realizable value Prepare the necessary December 31 entry under(a) the cost of goods sold method (b) tons method Credit account tres are automatically and wha entry is required, select "No entry for the account titles and enter for the amounts.) t is need not inden manly. If no No, Account Titles and Explanation (a) cost of Goods Sold 200420001 Recovery of Loss Inventory (b) Los Due to Decline of Inventory to NY T 20042000 | Recovery of Los Inventory 20012000 Click If you would like to show Work for this question Open Show work By accessing Question Ass o u will learn while you en points based on the point potential policy set by your instructor Question Attempts of used ma ^ Do you arch