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Merchandise inventory is(are) a) An asset that Includes supplies b) An asset that Includes supplies c) Reported on the balance sheet under plant and equipment

Merchandise inventory is(are)

a) An asset that Includes supplies

b) An asset that Includes supplies

c) Reported on the balance sheet under plant and equipment

d) Reported on the income statement as an expense

e) Included on a service company's balance sheet

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