Which of the following is an appropriate journal entry to recognise inventories items that have been stolen? a. DR Inventories (asset)
$\quad$ CR Provision for inventories losses (liability)
b. DR Inventories losses (expense)
$\quad$ CR Inventories (asset)
c. DR Cost of goods sold (expense)
$\quad$ CR Inventories (asset)
d. DR Provision for inventories losses (liability)
$\quad$ CR Inventories (asset)

Question

Which of the following is an appropriate journal entry to recognise inventories items that have been stolen? a. DR Inventories (asset)

\quad

CR Provision for inventories losses (liability)
b. DR Inventories losses (expense)

\quad

CR Inventories (asset)
c. DR Cost of goods sold (expense)

\quad

CR Inventories (asset)
d. DR Provision for inventories losses (liability)

\quad

CR Inventories (asset)

Quizplus · Accepted Answer

The Answer of Which of the following is an appropriate journal entry to recognise inventories items that have been stolen? a. DR Inventories (asset) $\quad$CR Provision for inventories losses (liability) b. DR Inventories losses (expense) $\quad$CR Inventories (asset) c. DR Cost of goods sold (expense) $\quad$CR Inventories (asset) d. DR Provision for inventories losses (liability) $\quad$CR Inventories (asset)

Which of the Following Is an Appropriate Journal Entry to Recognise