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  3. cost of goods sold equals the cost of merchandise:

Cost of goods sold equals the cost of merchandise: Select one: a. Purchased with cash...

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Accounting

Cost of goods sold equals the cost of merchandise:

Select one:

a. Purchased with cash this year

b. Purchased this year, whether with cash or by credit

c. Sold to the customers this year

d. Sold to the customers this year for which cash payment has been received

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