Generally accepted accounting principles require that the
Generally accepted accounting principles require that the inventory of a company be reported at:
A) Market value.
b) Historical cost.
c) Lower of cost or market.
d) Replacement cost.
e) Retail value.
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which of the following accounts has a normal credit balanceselect onea sales returns and allowancesb freight-inc
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generally accepted accounting principles require that the inventory of a company be reported ata market valueb
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