Question: Choose the incorrect statement. If there are no incorrect statements, choose None of the other answers is correct! Multiple Choice When purchases exceed cost of

 Choose the incorrect statement. If there are no incorrect statements, choose

Choose the incorrect statement. If there are no incorrect statements, choose "None of the other answers is correct! Multiple Choice When purchases exceed cost of goods sold, ending Inventory is greater than beginning inventory ) None of the other answers is corre O Cost of goods sold will always be more than or the same as cost of goods available for sale. O When purchases are smaller than cost of goods sold, ending inventory is more than beginning inventory O When ending Inventory is less than beginning inventory, cost of goods sold is more than purchases

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