As inventory is sold it is reflected on the balance sheet as: (one answer) A.As a revenue on the income statement B.As an expense on the income...

As inventory is sold it is reflected on the balance sheet as: (one answer)

A.As a revenue on the income statement

B.As an expense on the income statement

C.As a use of cash on the statement of cash flows

D.A reduction of non-cash assets

E.Both b and c because the financial statements articulate