Question: Current Attempt in Progress When net realizable value is lower than cost, and the loss method applying the lower-of-cost-and-net-realizable approach of recording the write-down is

Current Attempt in Progress When net realizable value is lower than cost, and the loss method applying the lower-of-cost-and-net-realizable approach of recording the write-down is used, what account is credited? OA loss account. O Allowance account. O Inventory. O Cost of Goods Sold

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