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2) On the balance sheet of a retailer, the Merchandise Inventory account A) is included in the current assets section B) is listed after the

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2) On the balance sheet of a retailer, the Merchandise Inventory account A) is included in the current assets section B) is listed after the property, plant and equipment asset section C) represents the value of inventory that has been sold during the period D) is not included because it is an income statement account

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