Merchandise inventory includes:
a. All goods owned by a company and held for sale.
b. All goods in transit.
c. All goods on consignment.
d. Only damaged goods.
e. All goods in the stores of company.
Answer: A
Merchandise inventory includes:
a. All goods owned by a company and held for sale.
b. All goods in transit.
c. All goods on consignment.
d. Only damaged goods.
e. All goods in the stores of company.
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