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    Financial and Managerial Accounting Study Set 2
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    Exam 5: The Operating Cycle and Merchandising Operations
  5. Question
    Adding Together the Ending Merchandise Inventory and Cost of Goods
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Adding Together the Ending Merchandise Inventory and Cost of Goods

Question 26

Question 26

True/False

Adding together the ending merchandise inventory and cost of goods sold gives the amount of goods available for sale.

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