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    Fundamentals of Financial Accounting Study Set 3
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    Exam 7: Inventory and Cost of Goods Sold
  5. Question
    The Ending Inventory of One Accounting Period Becomes the Beginning
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The Ending Inventory of One Accounting Period Becomes the Beginning

Question 81

Question 81

True/False

The ending inventory of one accounting period becomes the beginning inventory of the next accounting period.
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