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Chocolate Treats has the following account balances: Cost of goods sold...

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Accounting

Chocolate Treats has the following account balances:

Cost of goods sold $400,000 Rent expense $45,000
Depreciation expense 13,500 Salaries expense 54,000
Insurance expense 3,200 Sales 575,000
Interest expense 11,500 Sales discounts 5,300
Interest revenue 8,100 Sales returns and allowances 15,500

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