Which account would always be used for an inventory adjustment?
A)Sales
B)Purchase Returns and Allowances
C)Cost of Goods Sold
D)Cash

Name: Which account would always be used for an inventory adjustment? A)Sales B)Purchase Returns and Allowances C)Cost of Goods Sold D)Cash
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Question

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Inventory adjustments are typically recorded in the Cost of Goods Sold account because they directly affect the cost of inventory sold during a period.

Which Account Would Always Be Used for an Inventory Adjustment