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Business, 19.11.2019 07:31 galaalexa

When goods are transferred from the workminusinminusprocess inventory account to the finished goods inventory account,

a. total assets of the company remain constant

b. total assets and total liabilities increase by the same amount

c. total equity and total assets increase by the same amount

d. total liabilities increase and total equity decreases by the same amount

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Answers: 2

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