On the Income Summary line of a work sheet, $126,200 appears in the Income Statement Debit column,

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On the Income Summary line of a work sheet, $126,200 appears in the Income Statement Debit column, and $124,100 appears in the Income State¬

ment Credit column. Which figure represents the beginning inventory?

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College Accounting Chapters 1-26

ISBN: 9780395796993

6th Edition

Authors: Douglas J. McQuaig, Patricia A. Bille

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