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write a journal entry for these 3. 7. On Dec. 5, the firm sells half of its inventory for $8,000 on account. 8. On Dec.

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write a journal entry for these 3.

7. On Dec. 5, the firm sells half of its inventory for $8,000 on account. 8. On Dec. 20, the firm collects half of its sales receivables. 9. On Dec. 26, the firm pays a dividend of $1/share

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