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Komet Compary has a balance in inventary of $624,000 at the beginning of the month. During the month Kneret purchases additicnal inventory of $7,653,000. Kemet
Komet Compary has a balance in inventary of $624,000 at the beginning of the month. During the month Kneret purchases additicnal inventory of $7,653,000. Kemet has nales during the month of $8,373,000 with a related cost of goods sold on these sales of $7,389,000. What is Komet's ending inventory at the end of month? a. 58,277,000 b. $8,013,000 c. 3888.000 d. $264,000 What is the normal joumal entry when witiong off an account as uncolleci ble voder the afowance method: a. Debit Alowance for Doutidul Accoints, credit Accounits Recelvable b. Debit Accounis Rectiviakile, dedit Aliowance for Doutedul Acoounts e. Debil Bad Deht Expente, credid Allowance for Doubtidi Aocounts if Dotit Allowance for Decubeful Accounte, qedt Had Dota Expense
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