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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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    Lawson Manufacturing Company Has the Following Account Balances at Year
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Lawson Manufacturing Company Has the Following Account Balances at Year

Question 19

Question 19

Multiple Choice

Lawson Manufacturing Company has the following account balances at year end: Lawson Manufacturing Company has the following account balances at year end:   What amount should Lawson report as inventories in its balance sheet? A)  $102,000. B)  $106,000. C)  $188,000. D)  $192,000. What amount should Lawson report as inventories in its balance sheet?


A) $102,000.
B) $106,000.
C) $188,000.
D) $192,000.

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