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The merchandise inventory account is an asset account that is used for goods purchased that the business owns and intends to resell to customers. true or false

The merchandise inventory account is an asset account that is used for goods purchased that the business owns and intends to resell to customers. true or false
asked 118k views
4 votes
The merchandise inventory account is an asset account that is used for goods purchased that the business owns and intends to resell to customers. true or false

asked
User Kninnug
by
7.8k points

1 Answer

2 votes

it is false ( i have to waste some space)

answered
User Chad Brown
by
8.1k points
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