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The merchandise inventory on December 31 OMR 10,000, the company made purchases of OMR 50,000. Cost of goods sold is OMR 60,000. Compute merchandise inventory

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The merchandise inventory on December 31 OMR 10,000, the company made purchases of OMR 50,000. Cost of goods sold is OMR 60,000. Compute merchandise inventory on January 1. 40.000 100,000 20.000 120,000

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