Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
The journal entry to write inventory up to the net realizable value would be_______. A. a debit to COGS B. a credit to Losses C.
The journal entry to write inventory up to the net realizable value would be_______.
A.
a debit to COGS
B.
a credit to Losses
C.
a debit to Inventory
D.
a credit to Inventory
what is the answer and why
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started