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The Following Entry Is Taken from the Journal of a Merchandising

Question 82

Multiple Choice

The following entry is taken from the journal of a merchandising company:
This entry results in
The following entry is taken from the journal of a merchandising company: This entry results in   A) an increase in operating expenses. B) an increase in Cost of Goods Sold. C) an increase in inventory. D) a decrease in gross margin.


A) an increase in operating expenses.
B) an increase in Cost of Goods Sold.
C) an increase in inventory.
D) a decrease in gross margin.

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