COMPONENTS OF COST OF GOODS SOLD. Annas Corner Store has the following data for a recent year.
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COMPONENTS OF COST OF GOODS SOLD. Anna’s Corner Store has the following data for a recent year. lol
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Beginning inventory Purchases Purchase returns Transportation-in Ending inventory REQUIRED: $ 65,260 1,275,000 23,000 9,200 78,300 Prepare the adjusting and closing entries, assuming that Anna's uses periodic inven- tory accounting.
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