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Cost of goods available for sale is equal to Beginning Inventory + Purchases True False Question 28 (1 point) The gross profit method should not
Cost of goods available for sale is equal to Beginning Inventory + Purchases True False Question 28 (1 point) The gross profit method should not be used for annual financial reporting. True False Question 29 (1 point) 4) Listen If goods are free on board shipping point, the purchaser assumes legal title as soon as the goods leave the seller's warehouse. True False
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