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is this the same work i would do if it were fifo and i want to find gross profit? Marigold Company lends Ivanhoe Company $9200

is this the same work i would do if it were fifo and i want to find gross profit?

Marigold Company lends Ivanhoe Company $9200 on April 1, accepting a four-month, 6% interest note. Marigold Company prepares financial statements on April 30. What adjusting entry should be made before the financial statements can be prepared? Note Receivable 9200 Cash 9200

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