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    Accounting Principles Study Set 3
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    Exam 5: Accounting for Merchandising Operations
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    The Merchandise Inventory Account Balance Appearing in a Worksheet Represents
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The Merchandise Inventory Account Balance Appearing in a Worksheet Represents

Question 70

Question 70

Multiple Choice

The Merchandise Inventory account balance appearing in a worksheet represents the


A) ending inventory.
B) beginning inventory.
C) cost of merchandise purchased.
D) cost of merchandise sold.

Correct Answer:

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