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please solve within 2 hours he accounting records of Wall's China Shop reflected the following balances as Complete this question by entering your answers in
please solve within 2 hours
he accounting records of Wall's China Shop reflected the following balances as Complete this question by entering your answers in the tabs below. Compute the cost of goods sold and ending inventory, assuming (1) FIFO cost flow, (2) LIFO cost flow, average cost flow. Compute the income tax expense for each method. (Do not round intermediate calcu) final answers to the nearest whole dollar amount.) The following five rattactiens octutred in Yex 2 1 Frest purchase keath 150 snes 9555 2 Secoed purchase (teah) 160 unts 8 \$160 2 Sales [all cant] 400 unts $200 a Paid $38000 cash foe salanes expense 5 . Pad cash for incore sax at the rabe of 25 percent of income before vaves RequiredStep by Step Solution
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