On the work sheet, ending merchandise inventory will appear on the a. debit side of the Income Statement column. b. credit side of the Balance Sheet column. c. credit side of the Trial Balance column. d. debit side of the Balance Sheet column. e. credit side of the Adjustments column

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter10: Inventory
Section: Chapter Questions
Problem 5MC: On which financial statement would the merchandise inventory account appear? A. balance sheet B....
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On the work sheet, ending merchandise inventory will appear on the a. debit side of the Income Statement column. b. credit side of the Balance Sheet column. c. credit side of the Trial Balance column. d. debit side of the Balance Sheet column. e. credit side of the Adjustments column.
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