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If the beginning merchandise inventory is $10,000. the merchandise purchases are $110,000, and the ending merchandise inventory is $20,000, then the cost of goods sold

If the beginning merchandise inventory is $10,000. the merchandise purchases are $110,000, and the ending merchandise inventory is $20,000, then the cost of goods sold must be: Multple Choice $120.000. $100,000. 570.000 $110.000

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