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    Financial Accounting Study Set 1
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    Exam 7: Inventory and Cost of Goods Sold
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    Goods Available for Sale Equals
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Goods Available for Sale Equals

Question 40

Question 40

Multiple Choice

Goods available for sale equals:


A) Cost of Goods Sold plus ending inventory.
B) Cost of Goods Sold minus ending inventory.
C) Beginning inventory plus Cost of Goods Sold.
D) Beginning inventory plus Purchases minus Cost of Goods Sold.

Correct Answer:

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