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    College Accounting Study Set 1
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    Exam 11: Preparing a Worksheet for a Merchandise Company
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    Ending Inventory
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Ending Inventory

Question 30

Question 30

Multiple Choice

Ending inventory:


A) increases Cost of Goods Sold.
B) decreases Cost of Goods Sold.
C) does not affect Cost of Goods Sold.
D) increases Sales.

Correct Answer:

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