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Northwest Sales had the following transactions in Year 1: 1.Acquired $66,000 cash from the issue of common stock. 2. Purchased$179,000 of merchandise for cash in

Northwest Sales had the following transactions in Year 1: 1.Acquired $66,000 cash from the issue of common stock. 2. Purchased$179,000 of merchandise for cash in Year 1. 3. Sold merchandisethat cos 2 answers

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