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  3. Study Set
    Fundamental Accounting Principles Study Set 2
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    Exam 6: Merchandise Inventory and Cost of Sales
  5. Question
    An Overstatement of Beginning Inventory Will __________________ Cost of Goods
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An Overstatement of Beginning Inventory Will __________________ Cost of Goods

Question 111

Question 111

Short Answer

An overstatement of beginning inventory will __________________ cost of goods sold,and _________________ net income.

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Overstate;...

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