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ANSWER ALL THE PARTS. NEED DETAILED EXPLANATIONS roblem 7- The general ledger of Cannin Distributors includes the following selected accounts, along Using the sales, cash

ANSWER ALL THE PARTS. NEED DETAILED EXPLANATIONS

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roblem 7- The general ledger of Cannin Distributors includes the following selected accounts, along Using the sales, cash receipts, and general journals (with the with their account numbers: Cas.... Accounts Receivable.... Inventory. 18 perpetual inventory system Sales Revenue. 41 12 13 Sales Discounts.42 debit to Cash, $142,872 15 Sales Returns and Allowances. 43 16 1. Cash receipts journal: Total upplie. Cost of Goods Sol.51 Chapter 7 Accounting Information Systems 425

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