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Stan's Surf Shack Uses the FIFO Inventory Cost Flow Method

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Stan's Surf Shack uses the FIFO inventory cost flow method.When its income tax is paid,what is the effect of the entry on the financial statements? Note that no tax liability had been accrued.
Stan's Surf Shack uses the FIFO inventory cost flow method.When its income tax is paid,what is the effect of the entry on the financial statements? Note that no tax liability had been accrued.

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