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  3. Study Set
    College Accounting Study Set 5
  4. Exam
    Exam 14: Adjustments and the Work Sheet for a Merchandising Business
  5. Question
    The Credit Amount for Income Summary in the Adjusted Trial
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The Credit Amount for Income Summary in the Adjusted Trial

Question 32

Question 32

True/False

The credit amount for Income Summary in the Adjusted Trial Balance column reflects the inventory on hand at the end of the accounting period.

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