Question: I need help finding what amount goes under debit and credit. Problem 6-5A Lower of cost or market LO P2 A physical inventory of Liverpool

I need help finding what amount goes under debit and credit.

Problem 6-5A Lower of cost or market LO P2 A physical inventory

I need help finding what amount goes under debit and credit.

Problem 6-5A Lower of cost or market LO P2 A physical inventory of Liverpool Company taken at December 31 reveals the following Per Unit Item Audio equipment Units Cost Market Receivers CD players MP3 players Speakers 345 $ 90 S 98 260 111 100 326 86 95 204 52 4 Video equipment Handheld LCDs VCRs Camcorders 480 150 125 291 93 212 310 32 84 Car audio equipment 70 97 105 185 84 Satellite radios CDIMP3 radios Required

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