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Business, 06.11.2019 20:31 Jasminehenry123

Amerchandiser uses a perpetual inventory system. the beginning owner, capital balance of the merchandiser was $99,000. during the year, sales revenue amounted to $75,000, cost of goods sold was $32,000, and all other expenses totaled $10,000. owner withdrawals were $21,000. there were no new capital contributions during the year. the last step in the closing process would include

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