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Business, 05.03.2021 01:00 princessroyal
During 2021, its first year of operations, Hollis Industries recorded sales of $11,600,000 and experienced returns of $710,000. Cost of goods sold totaled $7,540,000 (65% of sales). The company estimates that 7% of all sales will be returned. Prepare the year-end adjusting journal entries to account for anticipated sales returns under the assumption that all sales are made for cash (no accounts receivable are outstanding). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
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Business, 21.06.2019 22:40, ipcmeaganlatham
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Business, 22.06.2019 01:30, AbyssAndre
Can you post a video on of the question that you need on
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During 2021, its first year of operations, Hollis Industries recorded sales of $11,600,000 and exper...
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