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Question 16 (8 points) The following is list of selected accounts in alphabetical order each represented by letter(s). Use the following list of accounts
Question 16 (8 points) The following is list of selected accounts in alphabetical order each represented by letter(s). Use the following list of accounts for journalizing transactions. A Accounts Payable H Cost of Goods Sold B Accounts Receivable I Inventory Allowance to Reduce Inventory Loss Due to Decline of Inventory E J to Market Allowance to Reduce Inventory F K to NRV to Market Loss due to decline of inventory to NRV G Cash L Sales Revenues
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