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Author Question: The amount of ending merchandise inventory appears in the Balance Sheet Debit column of the work ... (Read 101 times)

mmm

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on: Jul 6, 2018
The amount of ending merchandise inventory appears in the Balance Sheet Debit column of the work sheet.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

For a transaction to be classified as a special item it must be
 
  A. Unusual in nature or infrequent in occurrence but not under the control of management.
  B. Unusual in nature and infrequent in occurrence.
  C. Unusual in nature or infrequent in occurrence and under the control of management.
  D. Unusual in nature or infrequent in occurrence.


dudman123

  • Sr. Member
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Reply #1 on: Jul 6, 2018
Answer to Question 1

True

Answer to Question 2

C


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