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The following account is credited in the loss method of writing-down of inventory to its market value: Select one: A. Inventory B. Cost of Goods

The following account is credited in the loss method of writing-down of inventory to its market value:

Select one:

A. Inventory

B. Cost of Goods Sold

C. Allowance to Reduce Inventory to Market

D. Loss Due to Decline of Inventory to Market

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The following account is credited in the loss method of writing-down of inventory to its market value: Select one: A. Inventory B. Cost of Goods

The following account is credited in the loss method of writing-down of inventory to its market value: Select one: A. Inventory B. Cost of Goods Sold C. Allowance to Reduce Inventory to Market D. Loss Due to Decline of Inventory to Market

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The following account is credited in the loss method of writing-down of inventory to its market value:

Select one:

A. Inventory

B. Cost of Goods Sold

C. Allowance to Reduce Inventory to Market

D. Loss Due to Decline of Inventory to Market