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On the balance sheet of aretailer, the Merchandise Inventory account ________. A. is listed after prepaid assets B. represents the value of inventory that has

On the balance sheet of aretailer, the Merchandise Inventory account ________.

A.

is listed after prepaid assets

B.

represents the value of inventory that has been sold during the period

C.

is included in the current assets section

D.

is not included because it is an income statement account

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