________ is an asset that represents the cost of merchandise which was made or bought for sale to customers and that is still on hand.
Accounts payable
Prepaid expenses
Cost of goods sold
Merchandise inventory
Accounts receivable

Question

Quizplus · Accepted Answer

The Answer of ________ is an asset that represents the cost of merchandise which was made or bought for sale to customers and that is still on hand.
Accounts payable
Prepaid expenses
Cost of goods sold
Merchandise inventory
Accounts receivable

________ Is an Asset That Represents the Cost of Merchandise