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A year-end assessment of the inventory showed that products still on hand had aggregate costs of $110.Make the necessary adjustment for cost of products sold

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January 10th, 2018

A year-end assessment of the inventory showed that products still on hand had aggregate costs of $110.Make the necessary adjustment for cost of products sold.a. Hint: Given the Unadjusted Balance, back into how much of Acme’s inventory was used up if we need to have an ending balance of $110. Please enter into Balance Sheet and any adjustments.

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