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    College Accounting A Career Approach
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    Exam 12: Financial Statements, Closing Entries, and Reversing Entries
  5. Question
    Inventory Would Appear on a Balance Sheet as
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Inventory Would Appear on a Balance Sheet as

Question 50

Question 50

Multiple Choice

Inventory would appear on a balance sheet as


A) a current asset.
B) part of property and equipment.
C) a current liability.
D) a long-term liability.
E) either a current asset or a current liability.

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