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  3. Study Set
    Principles of Accounting
  4. Exam
    Exam 6: The Operating Cycle and Merchandising Operations
  5. Question
    Ending Merchandise Inventory Is Included in the Calculation of Cost
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Ending Merchandise Inventory Is Included in the Calculation of Cost

Question 113

Question 113

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Ending merchandise inventory is included in the calculation of cost of goods available for sale.

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