Which account balance is NOT used to compute the cost of goods sold? a.Merchandise Inventory b.Purchases c.Sales d.Purchases Discounts
Which account balance is NOT used to compute the cost of goods sold? a.Merchandise Inventory b.Purchases c.Sales d.Purchases Discounts
Chapter6: Merchandising Transactions
Section: Chapter Questions
Problem 8MC: Which of the following is not included when computing Net Purchases? A. purchase discounts B....
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Which account balance is NOT used to compute the cost of goods sold?
a.Merchandise Inventory
b.Purchases
c.Sales
d.Purchases Discounts
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