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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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