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    Intermediate Accounting
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    Exam 9: Inventory and Cost of Goods Sold
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    The Following Information Is Available from Preston Company's 2011 Accounting
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The Following Information Is Available from Preston Company's 2011 Accounting

Question 71

Question 71

Multiple Choice

The following information is available from Preston Company's 2011 accounting records:
The following information is available from Preston Company's 2011 accounting records:   Preston's 2011 cost of goods sold is A)  $465,000. B)  $475,000. C)  $505,000. D)  $585,000.
Preston's 2011 cost of goods sold is


A) $465,000.
B) $475,000.
C) $505,000.
D) $585,000.

Correct Answer:

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