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A Beginning Inventory of $75,000 Is Removed from the Merchandise

Question 25

Multiple Choice

A beginning inventory of $75,000 is removed from the merchandise inventory account by


A) debiting $75,000 to Merchandise Inventory.
B) crediting $75,000 to Merchandise Inventory.
C) debiting $75,000 to Purchases.
D) crediting $75,000 to Income Summary.

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