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On September 13 , Reading Lasses sold $898 of books, terms of 2/8,n/15. Using FIFO, it determined its cost of goods sold on these books

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On September 13 , Reading Lasses sold $898 of books, terms of 2/8,n/15. Using FIFO, it determined its cost of goods sold on these books was $456. To record only the sale portion of the transaction (i.e., not the inventory portion of the transaction), Reading Lasses would debit for and would credit for

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