Quiz 8.123 – Terms and Phrases

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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Match each terminology with its corresponding phrase, periodic, net purchases, finished goods, LIFO conformity, etc.

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  • Search Terms: a and are at available be below between both by characterize conformity correct cost describe discounts each elected end ending financial finished followed for goods goods inventory gross if inventory lifo list listed match methods. ____ . must net number of or period. ____ . periodic phrase phrases purchases reduced ready reporting rule allocated sale lifo sale. ____ . sold. ____ . system adjusts taken taxes. ____ term. term phrase number . terms terms. that the under used with
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