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    Financial Accounting Study Set 31
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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 131

Question 131

Multiple Choice

Cost of goods available for sale is computed by adding


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

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