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    Principles of Accounting Study Set 1
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    Exam 6: Accounting for Merchandising Operations
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    Which of the Following Is an Actual Account on the Books
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Which of the Following Is an Actual Account on the Books

Question 127

Question 127

Multiple Choice

Which of the following is an actual account on the books?


A) Cost of goods sold.
B) Gross margin.
C) Net income.
D) Income from operations.

Correct Answer:

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