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Lawson Manufacturing Company Has the Following Account Balances at Year

Question 88

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 statement of financial position? A) $92,000. B) $96,000. C) $178,000. D) $182,000. What amount should Lawson report as inventories in its statement of financial position?


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

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