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A company started the year with a normal balance of $69.000 in the Inventory account. During the year, debits totaling $45.500 and credits totaung 556.000

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A company started the year with a normal balance of $69.000 in the Inventory account. During the year, debits totaling $45.500 and credits totaung 556.000 were posted to the invente about the inventory account is correct

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