Inventory held by a business is a(n) and when sold becomes a(n) .

harra

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Inventory held by a business is a(n) ________ and when sold becomes a(n) ________.

Inventory held by a business is a(n) ________ and when sold becomes a(n) ________.
A) liability, withdrawal
B) asset, expense
C) liability, asset
D) asset, contra asset

Textbook

Accounting, Volume 1, Canadian Edition

Edition: 9^th

Authors: Horngren, Harrison, Johnston, Meissner, Norwood

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Kryzen

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harra Author

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6 years ago

Very timely, excellent answer

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julyNINE

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3 years ago

thank you

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