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For each of the following indicate whether it would be

For each of the following, indicate whether it would be reported on the balance sheet (B/S), reported on the income statement (I/S), or not shown in the company's financial statements (Not).

_____ a. Sales Revenue

_____ b. Inventory (held on consignment)

_____ c. Cost of Goods Sold

_____ d. Inventory (out on consignment)

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Accounting Basics: For each of the following indicate whether it would be

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