A loss on the write down of obsolete inventory should be reported as
A) "other income and expense."
B) part of discontinued operations.
C) an operating expense.
D) part of gross profit.

Question

Quizplus · Accepted Answer

The Answer of A loss on the write down of obsolete inventory should be reported as
A) "other income and expense."
B) part of discontinued operations.
C) an operating expense.
D) part of gross profit.

A Loss on the Write Down of Obsolete Inventory Should