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    College Accounting Study Set 6
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    Exam 15: Financial Statements and Year-End Accounting for a Merchandising Business
  5. Question
    The Ending Balance for Merchandise Inventory Is Reported on the Balance
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The Ending Balance for Merchandise Inventory Is Reported on the Balance

Question 17

Question 17

True/False

The ending balance for merchandise inventory is reported on the balance sheet as a current asset.

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