Which of the Following Is an Appropriate Journal Entry to Recognise

question 20

Multiple Choice

Which of the following is an appropriate journal entry to recognise inventory items that have been lost?

• A)
• DR Inventory(asset)
• CR Provision for inventory losses (liability);
• B)
• DR Inventory losses (expense)
• CR Inventory (asset);
• C) DR Cost of sales (expense)
• CR Inventory (asset);
• D)
• DR Provision for Inventory losses (liability)
• CR Inventory (asset).

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Definitions:

Pubertal Development

The process of physical changes through which a child's body matures into an adult body capable of sexual reproduction.

Bone Maturation

The process of growth and development of bones to their adult size and strength.

Adult Height

The final height an individual achieves after the completion of growth, influenced by genetics, nutrition, and health during development.

Menarche

The onset of menstruation in a female, marking the beginning of reproductive capability, usually occurring in early adolescence.