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11. Pasadena Windows makes a credit sale of $1,200 on September 1,2022 , terms 2/10,n/30. They accept a return of $500 on September 5th. Make
11. Pasadena Windows makes a credit sale of $1,200 on September 1,2022 , terms 2/10,n/30. They accept a return of $500 on September 5th. Make the journal entry to record the payment received on September 8th. 12. In periods of rising prices, LIFO will produce net income than FIFO. [higher, lower, the same]
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