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Home Q & A Board Other Fields Homework Help Business Accounting
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7 years ago
The inventory, purchases, and cost of goods sold budget determines cost of goods sold for the budgeted income statement, ending Merchandise Inventory for the budgeted balance sheet, and merchandise inventory purchases for the cash budget.
A) True
B) False
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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Mrgo-breedMrgo-breed
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#2
7 years ago
Makes perfect sense, thx
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