Question: Merchandise Inventory After studying the material assigned for this week, read the following question to participate in the forum: Explain why figures for beginning and

Merchandise Inventory

  1. After studying the material assigned for this week, read the following question to participate in the forum:
  • Explain why figures for beginning and ending inventory are not combined on the Income Summary line of the worksheet. (Please use the textbook to validate your opinions or statement on the forum.)

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