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Assume that the periodic inventory system is used and the adjusting entry for inventory is made once per year as part of the Year End
- Assume that the periodic inventory system is used and the adjusting entry for inventory is made once per year as part of the Year End Procedures. If beginning inventory is LESS than ending inventory for the specified period, the portion of the journal entry related to Inventory will be a (Answer IS NOT "C")
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
14th Edition
978-0132960649, 132960648, 132109174, 978-0132109178
