On the worksheet,the Beginning Inventory account is found on the Balance Sheet and Income Statement columns.

Name: On the worksheet,the Beginning Inventory account is found on the Balance Sheet and Income Statement columns.
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The Beginning Inventory account is found on the Income Statement columns, as it is used to calculate the Cost of Goods Sold, but it is not directly listed on the Balance Sheet columns. The Balance Sheet reflects the Ending Inventory as a current asset.

On the Worksheet,the Beginning Inventory Account Is Found on the Balance