1 which of the following situations would more likely not, Ask an Expert

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(1) Which of the following situations would more likely not result in bad debts?

a. The company extends credit easily.

b. The company has a strict credit policy

c. The compant]y has a cash only policy

d. None of these answers are correct (2) Ending Inventory:

a. Increases Cost of Goods Sold.

b. Decreases Cost of Goods sold.

c. Does not effect cost of goods sold.

d. increases libilities.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91787960

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