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Gamma Corp

Question 67

Multiple Choice

Gamma Corp. is preparing their budget for the 1st quarter of 2015. The following data is provided: Gamma Corp. is preparing their budget for the 1<sup>st</sup> quarter of 2015. The following data is provided: The amount of Merchandise Inventory to be shown on the budgeted balance sheet at March 31 would be: A) $9,500. B) $10,700. C) $8,750. D) $9,800. The amount of Merchandise Inventory to be shown on the budgeted balance sheet at March 31 would be:


A) $9,500.
B) $10,700.
C) $8,750.
D) $9,800.

Correct Answer:

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