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    Exam 5: Accounting for Merchandising Operations
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    Cost of Goods Available for Sale Is Computed by Adding
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Cost of Goods Available for Sale Is Computed by Adding

Question 147

Question 147

Multiple Choice

Cost of goods available for sale is computed by adding


A) beginning inventory to net purchases.
B) beginning inventory to the cost of goods purchased.
C) net purchases and freight-in.
D) purchases to beginning inventory.

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