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    Financial Accounting
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    Exam 2: Qualities of Accounting Information
  5. Question
    During May,Team Shirts Spent $4,000 to Buy 800 T-Shirts and Sold
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During May,Team Shirts Spent $4,000 to Buy 800 T-Shirts and Sold

Question 170

Question 170

Multiple Choice

During May,Team Shirts spent $4,000 to buy 800 T-shirts and sold 300 of them for $15 each.Team Shirts should recognize ________ as expense for May.


A) $4,500
B) $1,500
C) $3,750
D) $4,000

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