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Which one of the following is a noncash item? a. the cost of inventory sold on credit b. the purchase of a fixed asset c.

  1. Which one of the following is a noncash item?

    a.

    the cost of inventory sold on credit
    b.

    the purchase of a fixed asset
    c.

    wages earned by an employee
    d.

    inventory which was purchased on credit
    e.

    annual depreciation on a fixed asset

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