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  3. Study Set
    College Accounting Study Set 5
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    Exam 14: Adjustments and the Work Sheet for a Merchandising Business
  5. Question
    The Income Summary Account, After Adjusting Entries Are Posted, Reflects
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The Income Summary Account, After Adjusting Entries Are Posted, Reflects

Question 46

Question 46

Multiple Choice

The income summary account, after adjusting entries are posted, reflects the


A) beginning inventory amount.
B) ending inventory amount.
C) beginning and ending inventory amounts.
D) cash income from business transactions.

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