Merchandise inventory a. Is a long-term asset account. b. Is a current asset account. c. Includes supplies.
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Merchandise inventory
a. Is a long-term asset account.
b. Is a current asset account.
c. Includes supplies.
d. Is classified with investments on the balance sheet.
e. Must be sold within one month.
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Related Book For
College Accounting Ch 1-14
ISBN: 9781260904314
1st Edition
Authors: John Wild, Vernon Richardson, Ken Shaw
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