Question
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
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Advanced Financial Accounting
Authors: Thomas H. Beechy, V. Umashanker Trivedi, Kenneth E. MacAulay
7th edition
132928930, 978-0132928939
