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Unrealized profits in ending inventory one year become: Select one: a. Profits to be eliminated in the beginning inventory of the next year b. Profits

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Unrealized profits in ending inventory one year become: Select one: a. Profits to be eliminated in the beginning inventory of the next year b. Profits to be recognized in the same year c. Profits to be deferred in the same year d. Profits to be deferred in the ending inventory of the next year

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