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    Financial Accounting Study Set 31
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    Exam 5: Accounting for Merchandising Operations
  5. Question
    The Inventory Account Is Used in Each of the Following
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The Inventory Account Is Used in Each of the Following

Question 74

Question 74

Multiple Choice

The Inventory account is used in each of the following except the entry to record


A) goods purchased on account.
B) the return of goods purchased.
C) payment of freight on goods sold.
D) payment within the discount period.

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