When preparing an unadjusted trial balance using a periodic inventory system, the amount shown for merchandise inventory is:?

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13-10-2017
Business

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When preparing an unadjusted trial balance using a periodic inventory system, the amount shown for merchandise inventory is:?

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Kalahira Kalahira · Answer 1 · 2017-10-23T18:47:17+02:00

Kalahira Kalahira

23-10-2017

The beginning inventory amount. Inventory is the cost of the products that your business has available for sale to customers. Beginning inventory is your inventory account balance at the start of an accounting period, while ending inventory is the balance at the end of the period.

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