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Business, 22.04.2020 04:20 ryliepeloquinf

Jojo's Clown Emporium purchased a collector's clown mask in March of 2005 for $17,500 and paid for it in April of 2005. It took a while to sell but a buyer purchased it in December 2006 and paid for it in February of 2007. Using accrual-basis accounting, what monthly financial statement would show the mask in the cost of goods sold?

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