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  2. Topic
    Business
  3. Study Set
    Principles of Financial Accounting
  4. Exam
    Exam 6: Accounting for Merchandising Operations
  5. Question
    Use This Information to Answer the Following Question
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Use This Information to Answer the Following Question

Question 1

Question 1

Multiple Choice

Use this information to answer the following question. Use this information to answer the following question.   In addition,beginning merchandise inventory was $22,000 and ending merchandise inventory was $14,000. Net sales for the period were A) $305,000. B) $275,000. C) $295,000. D) $215,000. In addition,beginning merchandise inventory was $22,000 and ending merchandise inventory was $14,000.
Net sales for the period were


A) $305,000.
B) $275,000.
C) $295,000.
D) $215,000.

Correct Answer:

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