Ming Limited Had the Following Items of Inventory at Reporting

Multiple Choice

Ming Limited had the following items of inventory at reporting date: $\begin{array} { l c c c } \text { Item } & \text { Quantity } & \text { Cost/unit } & \text { NRV/unit } \\& & £ & £ \\\text { Refrigerators } & 10 & 100 & 95 \\\text { Stoves } & 20 & 80 & 85\end{array}$
The adjustment necessary at reporting date is:

A) DR Inventory £50;
B) DR Inventory £100;
C) CR Inventory £50;
D) CR Inventory £0.