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Nittany Lion Co . is a retail business that uses the perpetual inventory system. The account balances for Nittany Lion as of October 1 ,

Nittany Lion Co. is a retail business that uses the perpetual inventory system. The account balances for Nittany Lion as of October 1,2023(unless otherwise indicated), are as follows:
\table[[Cash,$70,000,Dividends,$122,500
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