if​ year-end inventory is reduced from cost to a lower net realizable​ value which of the following accurately depicts the​ results??

best answer
Transcribed image text If year-end inventory is reduced from cost to a lower net realizable value which of the following accurately depicts the results? 0 A. 0 B. ° C. O D. Cost of goods sold is increased and beginning inventory of the next period is decreased by the same amount.