Ming Limited had the following items of inventory at reporting date:
The adjustment necessary at reporting date is:
A) DR Inventory $ 50;
B) DR Inventory $100;
C) CR Inventory $ 50;
D) CR Inventory $0.

Question

Ming Limited had the following items of inventory at reporting date:
 The adjustment necessary at reporting date is:
A) DR Inventory $ 50; 
B) DR Inventory $100; 
C) CR Inventory $ 50; 
D) CR Inventory $0.

Quizplus · Accepted Answer

The Answer of Ming Limited had the following items of inventory at reporting date:
 The adjustment necessary at reporting date is:
A) DR Inventory $ 50; 
B) DR Inventory $100; 
C) CR Inventory $ 50; 
D) CR Inventory $0.

Ming Limited Had the Following Items of Inventory at Reporting