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  3. Study Set
    Century 21 Accounting
  4. Exam
    Exam 20: Accounting for Inventory
  5. Question
    The Cost of Merchandise Sold Can Be Calculated by Subtracting
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The Cost of Merchandise Sold Can Be Calculated by Subtracting

Question 21

Question 21

True/False

The cost of merchandise sold can be calculated by subtracting the cost of merchandise available for sale from the cost of ending inventory.

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