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?Samson, Inc. had the following balances and transactions during? 2019:
Beginning Merchandise Inventory 25 units at? $93
March 10 Sold 22 units
June 10 Purchased 75 units at? $98
October 30 Sold 70 units
Question 1: What is the balance of the? company's Merchandise? Inventory, as disclosed in the December? 31, 2019 balance sheet as per the periodic FIFO inventory costing
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Prepare the adjusting journal entry to record interest expense and bond premium amortization on December 31, 2020.
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