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. Question 4 SuperStore Foods reports the following for month ended December 31, 2020: Inventory, November 30, 2020 $725,000 Inventory, December 31, 2020 $820,000 December

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. Question 4 SuperStore Foods reports the following for month ended December 31, 2020: Inventory, November 30, 2020 $725,000 Inventory, December 31, 2020 $820,000 December 2020 - Purchases on account $460,000 December 2020 - Sales on account $750,000 . Required 1. Calculate Cost of Goods Sold 2. Using the template below, prepare journal transactions for a periodic inventory system and a perpetual inventory system. Explanations are not required

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