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Merchandise Inventory appears on the ___________; Cost of Goods Sold appears on the ______________. Group of answer choices A. balance sheet; income statement B. income

Merchandise Inventory appears on the ___________; Cost of Goods Sold appears on the ______________.

Group of answer choices

A. balance sheet; income statement

B. income statement; statement of cash flows

C. owner's equity; income statement

D. balance sheet; statement of owner's equity

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