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  3. Study Set
    Fundamental Accounting Principles Study Set 1
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    Exam 5: Accounting for Merchandising Operations
  5. Question
    Cost of Goods Sold Is Debited to Close the Account
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Cost of Goods Sold Is Debited to Close the Account

Question 182

Question 182

True/False

Cost of Goods Sold is debited to close the account during the closing process.

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