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The cost of inventory that has been sold to customers is called: Group of answer choices cost of goods sold, and it appears on the

The cost of inventory that has been sold to customers is called:

Group of answer choices

cost of goods sold, and it appears on the balance sheet.

cost of goods sold, and it appears on the income statement.

inventory, a current asset that appears on the income statement.

inventory, a current asset that appears on the balance sheet.

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