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RJ Corporation has provided the following information about one of its inventory items: During the year, RJ sold 3,060 units. What was cost of goods
RJ Corporation has provided the following information about one of its inventory items: During the year, RJ sold 3,060 units. What was cost of goods sold using the LIFO cost flow assumption? Musiple Choice 511,912,900 $12,112,180 \$11.999 511 The CHS Company has provided the following information: - Accounts receivable written-off as uncollectible during the year amounted to $13,100. - The accounts recelvabie balance at the beginning of the year was $310,000 - The accounts receivable balance at the end of the year was $370,000. - The allowance for doubtful accounts balance at the beginning of the year was $15,600 - The allowance for doubtful accounts balance at the end of the year after the recording of bad debt expense was $14,500. - Credit sales during the year totaled $980,000 How much cash was recelved from collections of accounts recelvable? Muntiple Choice $510000 5623100 $906.900
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