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7 July, 10:35

Raw material inventory appears on the

A. balance sheet

B. income statement

C. cost of goods manufactured statement

D. both a and c

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Answers (2)
  1. 7 July, 12:38
    0
    d. both A and C

    Explanation:

    On the balance sheet as a current asset and on The COGM statement under the work in progress inventory
  2. 7 July, 12:38
    0
    Raw material inventory on hand is reported on the balance sheet and is considered a company asset.
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