If the Market value of closing Inventory is less than its cost price, inventory will he shown at ____
A)marketable value
B)fair market value
C)both
D)none

Name: If the Market value of closing Inventory is less than its cost price, inventory will he shown at ____ A)marketable value B)fair market value C)both D)none
Brand: Quizplus
Rating: 4.8 (33 reviews)

Question

Quizplus · Accepted Answer

If the Market value of closing Inventory is less than its cost price, inventory will be shown at marketable value.

If the Market Value of Closing Inventory Is Less Than