company has inventory in the end of the year, cost of merchandise inventory was $ 100000, but net releasable

Question

value was $ 85000 , what the adjustment entry , suposs that inventory was in the process of production , in this case how to measure according I A S " 2"

Answer 1

If you're using the periodic method, just use $85,000 as the ending inventory in all your calculations. The fall in value will automatically flow through to COGS.

If you're using the perpetual method, pass the following JE:
Dr COGS 15,000
Cr Merchandise inventory 15,000

Answer 2

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