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6.39:When inventory is purchased, it is initially recorded as ________, and it becomes ________ when it is sold. A : an expense; a revenue. B
6.39:When inventory is purchased, it is initially recorded as ________, and it becomes ________ when it is sold.
- A :
- an expense; a revenue.
- B :
- an asset; an expense.
- C :
- an asset; a revenue.
- D :
- an expense; an asset.
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