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    Accounting Study Set 1
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    Exam 6: Merchandise Inventory
  5. Question
    The Amounts Obtained for Cost of Goods Sold and Ending
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The Amounts Obtained for Cost of Goods Sold and Ending

Question 143

Question 143

True/False

The amounts obtained for cost of goods sold and ending merchandise inventory are not the same for FIFO perpetual and FIFO periodic.

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