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    Accounting Study Set 1
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    Exam 5: Merchandising Operations
  5. Question
    On a Balance Sheet for a Merchandiser,Merchandise Inventory Is Listed
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On a Balance Sheet for a Merchandiser,Merchandise Inventory Is Listed

Question 25

Question 25

Multiple Choice

On a balance sheet for a merchandiser,Merchandise Inventory is listed as a(n) ________.


A) current asset
B) current liability
C) expense
D) revenue

Correct Answer:

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