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    Larsen Realty Corp & Chippewas Company

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    Please see attached. There are two problems, they are under sheet 1 and sheet 2.

    E9-7 (Relative Sales Value Method) Larsen Realty
    E8-9 (Periodic versus Perpetual Entries) Chippewas

    © BrainMass Inc. brainmass.com June 4, 2020, 3:44 am ad1c9bdddf
    https://brainmass.com/business/inventory-management/531250

    Attachments

    Solution Summary

    The attached MS Excel spreadsheets contain detailed illustrations and instructions for the calculation of relative sales value (E9-7: Larsen Realty Exercise), and the required journal entries from periodic versus perpetual inventory methods (E8-9: Chippewas Company Exercise).

    $2.19

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