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    Corporate Financial Accounting
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    Exam 5: Accounting for Merchandising Businesses
  5. Question
    Under a Periodic Inventory System,the Cost of Merchandise on Hand
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Under a Periodic Inventory System,the Cost of Merchandise on Hand

Question 177

Question 177

True/False

Under a periodic inventory system,the cost of merchandise on hand at the end of the year is determined by a physical count of the inventory.

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