Larry the Shop guy provided the following inventory counts Inventory- $ 290,000 (FIFO ) . Inventory- $
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Question:
Larry the Shop guy provided the following inventory counts
Inventory- $ 290,000 (FIFO ) .
Inventory- $ 250,000 ( LIFO )
Make the appropriate journal entries assuming external financial statements are recorded on a LIFO basis
Give me adjusting journal entry
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