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    Financial Accounting
  4. Exam
    Exam 7: Reporting and Interpreting Cost of Goods Sold and Inventory
  5. Question
    A Decrease in the Merchandise Inventory Account Occurs When Units
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A Decrease in the Merchandise Inventory Account Occurs When Units

Question 54

Question 54

True/False

A decrease in the merchandise inventory account occurs when units of inventory purchased are greater than units of goods sold.

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