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    Principles of Accounting Study Set 1
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    Exam 7: Inventories
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Use This Information to Answer the Following Question

Question 120

Question 120

Multiple Choice

Use this information to answer the following question. Use this information to answer the following question.    A periodic inventory system is used. -Cost of goods sold under FIFO is A) $429. B) $426. C) $452. D) $237.
A periodic inventory system is used.
-Cost of goods sold under FIFO is


A) $429.
B) $426.
C) $452.
D) $237.

Correct Answer:

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