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    Fundamentals of Financial Accounting Study Set 5
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    Exam 7: Reporting and Interpreting Inventories and Cost of Goods Sold
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    A Merchandise Company's Beginning Inventory Plus Merchandise Purchases Minus Ending
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A Merchandise Company's Beginning Inventory Plus Merchandise Purchases Minus Ending

Question 81

Question 81

Multiple Choice

A merchandise company's beginning inventory plus merchandise purchases minus ending inventory equals:


A) ending inventory.
B) cost of goods sold.
C) goods available for sale.
D) sales level.

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