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1 . Prepare the journal entries to record the transactions ( a ) through ( n ) . Review the accounts as shown in the

1. Prepare the journal entries to record the transactions (a) through (n). Review the accounts as shown in the General Ledger and Trial Balance tabs
2. Prepare an income statement
3. prepare a balance sheet
4. Calculate the inventory turnover ratio and days to sell, assuming that inventory was $500 on January 1 of this year. (Use 365 days a year. Round your intermediate calculations and final answers to 1 decimal place.)
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