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You are to journalize the sale of goods on account on June 10, 2022 using the Periodic FIFO method of inventory valuation. The company pays
You are to journalize the sale of goods on account on June 10, 2022 using the Periodic FIFO method of inventory valuation. The company pays 13% HST on purchases and collects 13% HST on all sales. All purchases and sales are on account. What accounts would I journalize?
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