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  3. Study Set
    College Accounting Study Set 5
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    Exam 23: Statement of Cash Flows
  5. Question
    (Appendix) an Increase in Merchandise Inventory Is Deducted from Cost
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(Appendix) an Increase in Merchandise Inventory Is Deducted from Cost

Question 50

Question 50

True/False

(Appendix) An increase in Merchandise Inventory is deducted from cost of goods sold to compute the cash paid to suppliers.

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