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prepare the following journal entries: 1/31 the electricity bill for January was received; to be paid within 15 days. $1,670 1/31 Recorded merchandise sales of
prepare the following journal entries:
1/31 the electricity bill for January was received; to be paid within 15 days. $1,670
1/31 Recorded merchandise sales of $835,600 during the second half of January. all on account. The Cost of Goods Sold using the LIFO method totaled $374,820
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