A

Admin • 833.24K Points
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Q. In accounting, 'goods' refer to:

  • (A) Assets purchased for use
  • (B) Items bought for resale
  • (C) Fixed assets
  • (D) All inventory
  • Correct Answer - Option(B)
  • Views: 20
  • Filed under category Accounting
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Explanation by: Admin

'Goods' are those items which a business buys and sells as part of its main operations.

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