In a general ledger. If the debited amount is greater than the credited amount, the...

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Accounting

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In a general ledger. If the debited amount is greater than the credited amount, the account will have a credit balance, and if the debited amount is less than the credited amount, the account will have a debit balance. * True False W The ending inventory is $5,800, the cost of goods sold is $4,900. If there were no beginning inventory, the amount of inventory purchased during this accounting period was $10,700. O True O False W

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