Solved: 1on january 1 2013 hgc camera store adopted the dollar, Accounting Basics

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1on january 1 2013 hgc camera store adopted the dollar

1.On January 1, 2013, HGC Camera Store adopted the dollar value LIFO retail inventory method. Inventory transactions at both cost and retail, and cost indexes for 2013 and 2014 are as follows:

Required:
Estimate the 2013 and 2014 ending inventory and cost of goods sold using the dollar value LIFO retail inventorymethod.

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Accounting Basics: 1on january 1 2013 hgc camera store adopted the dollar

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