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CHAPTER7-INVENTORIES G Previous Page 15 of 18 Next Merchandise inventory should be reported as follows except 0 a. at lower of cost or market. O
CHAPTER7-INVENTORIES G Previous Page 15 of 18 Next Merchandise inventory should be reported as follows except 0 a. at lower of cost or market. O b. as a long-term asset on the balance sheet. C. as a current asset on the balance sheet. C d. None of these choices are correct
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