Merchandise inventory: Is a long-term asset. Is a current asset. Includes supplies the company will use in
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- Merchandise inventory:
- Is a long-term asset.
- Is a current asset.
- Includes supplies the company will use in future periods.
- Is classified with investments on the balance sheet.
Related Book For
Financial Accounting The Impact on Decision Makers
ISBN: 978-1305793194
10th edition
Authors: Gary A. Porter, Curtis L. Norton
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