Each of the following owns a Cut-Rite brand food processor: Diner's Res?taurant;Eve,a consumer;Frank,a cooking-school student;and Great Deals,a discount store.As collateral,the processor that would be classi?fied as inventory is owned by
A)Diner's Restaurant.
B)Eve.
C)Frank.
D)Great Deals.

Question

Quizplus · Accepted Answer

Great Deals is a discount store, hence they would classify the Cut-Rite brand food processor as inventory.

Each of the Following Owns a Cut-Rite Brand Food Processor