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    Intermediate Accounting Study Set 9
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    Exam 8: Valuation of Inventories: a Cost-Basis Approach
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    Morgan Manufacturing Company Has the Following Account Balances at Year
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Morgan Manufacturing Company Has the Following Account Balances at Year

Question 83

Question 83

Multiple Choice

Morgan Manufacturing Company has the following account balances at year end: Morgan Manufacturing Company has the following account balances at year end:   What amount should Morgan report as inventories in its balance sheet? A)  $92,000. B)  $96,000. C)  $178,000. D)  $182,000. What amount should Morgan report as inventories in its balance sheet?


A) $92,000.
B) $96,000.
C) $178,000.
D) $182,000.

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