After both of the entries for the inventory adjustment have been posted, the debit in the Income Summary account represents:
A)Beginning Inventory
B)Cost of Goods Sold
C)Ending Inventory
D)Net Income

Question

Quizplus · Accepted Answer

The Answer of After both of the entries for the inventory adjustment have been posted, the debit in the Income Summary account represents:
A)Beginning Inventory
B)Cost of Goods Sold
C)Ending Inventory
D)Net Income

After Both of the Entries for the Inventory Adjustment Have