his Question: 2 pts 18 of 18 (15 complete A company begins the year with a zero balance in the LIFO Roserve account Based on an analysis of UFO and Firo, the company does the UFO Reserve should be $20.000 at the end of the per A. Debit LIFO Reserve for $20,000 and Credit Cost of Goods Sold for $20.000 B. Debit Cost of Goods Sold for $20,000 and Credit Inventory for $20,000 OC. Debit inventory for $20 000 and Credit Gain on Inventory for $20,000 OD Debit Cost of Goods Sold for $20 000 and Credit LIFO Reserve for $20.000 Cick to select your answer c o li . Type here to search