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    Introductory Financial Accounting for Business
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    Exam 4: Accounting for Merchandising Businesses
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    The Following Information for Year 2 Is Taken from the Accounts
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The Following Information for Year 2 Is Taken from the Accounts

Question 79

Question 79

Multiple Choice

The following information for Year 2 is taken from the accounts of Tuttle Company.The company uses the periodic inventory system.
The following information for Year 2 is taken from the accounts of Tuttle Company.The company uses the periodic inventory system.   Based on this information,what is the inventory at December 31,Year 2? A)  $55,200 B)  $24,400 C)  $38,800 D)  $40,400
Based on this information,what is the inventory at December 31,Year 2?


A) $55,200
B) $24,400
C) $38,800
D) $40,400

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