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K Assume Dollar Lieutenant Store estimates its inventory by the gross margin method when preparing monthly financial statements (it uses the periodic method otherwise). For

K Assume Dollar Lieutenant Store estimates its inventory by the gross margin method when preparing monthly financial statements (it uses the periodic method otherwise). For the past t that the company's inventory records for its stores reveal the following data: $460,000 Inventory: June 1, 2023 Transactions during June: Purchases Sales Required $4,810,000 $8,430,000
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that the compan/s itventory tocoids for is stores revial the following data Inventory: June 1, 2023 $460.000 Transaction during June Purchases 54810000 Sales 58.430 .000 Recuited February Bank Statement that the compan/s itventory tocoids for is stores revial the following data Inventory: June 1, 2023 $460.000 Transaction during June Purchases 54810000 Sales 58.430 .000 Recuited February Bank Statement

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