Question: The entry to write down inventory from cost to net realizable value at the end of the year includes a: Multiple Choice a) Credit to

The entry to write down inventory from cost to net realizable value at the end of the year includes a:

Multiple Choice

a) Credit to Sales Revenue.

b) Debit to Cost of Goods Sold.

c) Credit to Accounts Payable.

d) Debit to Inventory.

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