Where Do Inventory and Cost of Goods Sold Appear

question 161

Multiple Choice

Where do Inventory and Cost of goods sold appear?

• A) On the balance sheet and statement of owner's equity, respectively
• B) On the statement of owner's equity and income statement, respectively
• C) On the balance sheet and income statement, respectively
• D) On the income statement and statement of cash flows, respectively

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Definitions:

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