Question: 6 statements about the Inventory account is correct? Multiple Choice After these amounts are posted, the balance in the Inventory account is a credit balance

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6 statements about the Inventory account is correct? Multiple Choice After these

statements about the Inventory account is correct? Multiple Choice After these amounts are posted, the balance in the Inventory account is a credit balance of $60,000. The normal balance of the Inventory account is a credit balance. The Inventory account is decreased by debits. The debits and credits posted to the Inventory account caused it to decrease by $12,000

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