Question
The journal entry to record a write-down of inventory from cost to its lower market value includes a: A) debit to Inventory. B) credit to
The journal entry to record a write-down of inventory from cost to its lower market value includes a:
A) debit to Inventory.
B) credit to Inventory.
C) credit to Sales Revenue.
D) debit to Sales Revenue.
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Accounting Principles Volume 2
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
9th Canadian Edition
978-1119786634, 1119786630
