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Use the Information Given Above to Answer the Following Questions

Question 24

Multiple Choice

Use the information given above to answer the following questions:
Greening Ltd is a newly established business selling computer hardware. Shown below are ledger accounts in T-account form, with entries made for the first month of operations.
Use the information given above to answer the following questions: Greening Ltd is a newly established business selling computer hardware. Shown below are ledger accounts in T-account form, with entries made for the first month of operations. -What is the closing balance of inventory? A) $120 000 B) $140 000 C) $200 000 D) $260 000.
-What is the closing balance of inventory?


A) $120 000
B) $140 000
C) $200 000
D) $260 000.

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