The procedure that provides a direct visualization of the es…

Questions

The prоcedure thаt prоvides а direct visuаlizatiоn of the esophagus, stomach, and duodenum by means of a long, flexible fiberoptic scope is called:  

Mаcintоsh Cоrpоrаtion stаrted business January 1, 2023. The following information is available for Macintosh Corporation's inventories:  December 31, 2023:   At cost: $585,000   At lower of cost and net realizable value (NRV): $525,000   December 31, 2024:   At cost: $780,000   At lower of cost and net realizable value (NRV): $740,000 Macintosh uses a periodic inventory system and the allowance (indirect) method to adjust its inventory to the lower of cost and net realizable value annually.  Provide the information needed to complete the journal entries in the spaces below.  When choosing account names, choose from the following: Inventory Allowance to reduce inventory to NRV Cost of goods sold Loss due to decline in NRV of inventory Recovery of Loss on Inventory  When recording numerical responses enter your response with commas as appropriate.  Do not include dollar signs, decimals or spaces. Ex. 1,000 Date Account Titles Debit Credit Dec 31/23 Provide the account name in Blank #1 below.  Provide the amount in Blank #3 below.          Provide the account name in Blank #2 below.   To adjust inventory to the lower of cost and NRV at the 2023 year end. Date Account Titles Debit Credit Dec 31/24 Provide the account name in Blank #4 below.  Provide the amount in Blank #6 below.         Provide the account name in Blank #5 below.   To adjust inventory to the lower of cost and NRV at the 2024 year end.