Goods held for resale to customers are called
A) Inventory.
B) Prepaid Deposits.
C) Property, Plant, and Equipment.
D) Intangible Assets.

Name: Goods held for resale to customers are called A) Inventory. B) Prepaid Deposits. C) Property, Plant, and Equipment. D) Intangible Assets.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Goods held for resale to customers are classified as Inventory, which represents items a company intends to sell as part of its business operations.

Goods Held for Resale to Customers Are Called