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H3Ko H3Ko
wrote...
Posts: 4891
8 years ago
For each of the following accounts, indicate what event causes the account to increase and to decrease. The answer is not debit or credit.

Account   Is increased by:   Is decreased by:
Raw Materials Inventory      
Work-in-Process Inventory      
Finished Goods Inventory      
Cost of Goods Sold
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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.unplugged..unplugged.
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Posts: 1272
8 years ago
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H3Ko Author
wrote...
8 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
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