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Your a er is incorrect. Create T - accounts for RM Inventory, WIP Inventory, FG Inventory, and COGS. Enter any appropriate beginning balances and record
Your a er is incorrect.
Create Taccounts for RM Inventory, WIP Inventory, FG Inventory, and COGS. Enter any appropriate beginning balances and record any amounts that would have been debited or credited to these accounts during the year. Lastly, determine ending balances for all four accounts.
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