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    Financial Reporting
  4. Exam
    Exam 4: Inventories
  5. Question
    Under the Periodic Inventories Approach, Which of the Following Is
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Under the Periodic Inventories Approach, Which of the Following Is

Question 2

Question 2

Multiple Choice

Under the periodic inventories approach, which of the following is an appropriate journal entry to measure closing inventories:
Under the periodic inventories approach, which of the following is an appropriate journal entry to measure closing inventories:   A)  I. B)  II. C)  III. D)  IV.


A) I.
B) II.
C) III.
D) IV.

Correct Answer:

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