Business, 07.01.2020 23:31 hendo617

Select the statements below that correctly describe the flow of costs in a merchandiser's accounting cycle. check all that apply: a) beginning inventory + net purchase = merchandise available for saleb) merchandise that is sold becomes an expense reported on the income statementc) merchandise that is purchase becomes an asset reported on the balance sheetd) ending inventory + cost of goods sold = total merchandise available for sale

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Select the statements below that correctly describe the flow of costs in a merchandiser's accounting...

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