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Commerce · Q275

Accounting

Graduate and Post Graduate · Commerce · question 275

Q275

A company's merchandise, raw materials, finished and unfinished products which have not yet been sold is known as

A.
Sales
B.
Purchases
C.
Inventory
Answer
D.
Work in progress

Answer: Option C

Solution

Answer: Option C
Solution:
A company's merchandise, raw materials, finished and unfinished products which have not yet been sold is known as Inventory.