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Comprehensive Problem 2 Part 1 and Part 2 : Palisade Creek Co . is a retail business that uses the perpetual inventory system. The account

Comprehensive Problem 2
Part 1 and Part 2:
Palisade Creek Co. is a retail business that uses the perpetual inventory system. The account balances for Palisade Creek as of May 1,20 Y (unless otherwise indicated), are as follows. Assume all accounts have normal balances.
\table[[110 Cash,$83,600
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