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    Horngrens Accounting Study Set 2
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    Exam 5: Merchandising Operations and the Accounting Cycle
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    Beginning Inventory Plus Net Purchases and Plus Freight in Equals
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Beginning Inventory Plus Net Purchases and Plus Freight in Equals

Question 144

Question 144

Multiple Choice

Beginning inventory plus net purchases and plus freight in equals:


A) net purchases.
B) cost of goods available for sale.
C) cost of goods sold.
D) gross purchases.

Correct Answer:

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