ACCOUNTING 15.511 SUMMER 2004 FINAL EXAM
FINAL EXAM Exam Guidelines: ... Using the LIFO method, calculate the company’s cost of goods sold for January 2004 and the company’s ending inventory as of Jan. 31, 2004. ... On January 1, 2005, Golf Tee Inc. will acquire a vehicle from a car dealership for $50,000. ................
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