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Which of the Following Sets of Data Is Sufficient to Compute

Question 11

Multiple Choice

Which of the following sets of data is sufficient to compute the amount of cash paid for merchandise?


A) Cost of goods sold,increase or decrease in inventory,increase or decrease in accounts payable.
B) Increase or decrease in cash,increase or decrease in inventory,increase or decrease in accounts payable.
C) Cost of goods sold,increase or decrease in accounts payable.
D) Cost of goods sold.

Correct Answer:

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