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Nixlt Company's ledger on July 3 1 , its fiscal year - end, includes the following selected accounts that have normal balances. Nixlt uses the

Nixlt Company's ledger on July 31, its fiscal year-end, includes the following selected accounts that have normal balances. Nixlt uses the perpetual inventory system.
\table[[Retained earnings,$126,300,Cost of goods sold,$108,300
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