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Question 11 of 12 5.86 / 12 Show Attempt History Current Attempt in Progress Wolford Department Store is located in midtown Metropolis. During the past
Question 11 of 12 5.86 / 12 Show Attempt History Current Attempt in Progress Wolford Department Store is located in midtown Metropolis. During the past several years, net income has been declining because suburban shopping centers have been attracting business away from city areas. At the end of the company's fiscal year on November 30, 2017, these accounts appeared in its adjusted trial balance. Accounts Payable $ 26,800 Accounts Receivable 17,200 Accumulated Depreciation-Equipment 68,000 Cash 8,000 Common Stock 35,000 Cost of Goods Sold 614,300 Freight-Out 6,200 Equipment 157,000 Depreciation Expense 13,500 Dividends 12,000 Gain on Disposal of Plant Assets 2,000 Income Tax Expense 10,000 9:13 a O 3/8/2
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