M. R. Wilson Supplies had merchandise inventory that cost $ 1 comma 900. The market value of the merchandise inventory is $ 1 comma 400. What value should Wilson Supplies show on the balance sheet for merchandise inventory? Record the adjusting entry, if one is needed. What value should Wilson Supplies show on the balance sheet for merchandise inventory? A. $ 1 comma 400 B. $ 1 comma 900 C. $ 500 D. $ 3 comma 300
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