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Assuming the Periodic Inventory Method Is Used for the Current

Question 9

Multiple Choice

Assuming the periodic inventory method is used for the current year, the following data were taken from the accounting records:
Assuming the periodic inventory method is used for the current year, the following data were taken from the accounting records: Net sales are? A) $858,000. B) $862,000. C) $900,000. D) $870,000. Net sales are?


A) $858,000.
B) $862,000.
C) $900,000.
D) $870,000.

Correct Answer:

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