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Business, 30.10.2020 18:10 escojo942

1. Assume that AmerisourceBergen adjusts the LIFO reserve at the end of its quarter. Prepare the September 30, 2017, adjusting entry to record the cost of goods sold adjustment.2. If AmerisourceBergen had used FIFO to report its inventories, what would cost of goods sold have been for the quarter ended September 30, 2017?

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1. Assume that AmerisourceBergen adjusts the LIFO reserve at the end of its quarter. Prepare the Sep...

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