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Examveda

A company's merchandise, raw materials, finished and unfinished products which have not yet been sold is known as

A. Sales

B. Purchases

C. Inventory

D. Work in progress

Answer: Option C

Solution(By Examveda Team)

A company's merchandise, raw materials, finished and unfinished products which have not yet been sold is known as Inventory.

This Question Belongs to Commerce >> Accounting

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