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6 statements about the Inventory account is correct? Multiple Choice After these amounts are posted, the balance in the Inventory account is a credit balance
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statements about the Inventory account is correct? Multiple Choice After these amounts are posted, the balance in the Inventory account is a credit balance of $60,000. The normal balance of the Inventory account is a credit balance. The Inventory account is decreased by debits. The debits and credits posted to the Inventory account caused it to decrease by $12,000Step by Step Solution
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