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This is a true story; can you explain what happened? Prior to a really important dinner party, the hostess discovered that her silverware was very tarnished. She needed a quick fix. She remembered reading that the tarnish (Ag2S) would be removed if you immersed the silverware in a hot solution of backing soda (NaHCO3) in a pan lined with aluminum foil. So she did, and so it was, but she noticed a bit of a rotten egg smell (H2S) being produced. Metal/Metal ion
E silver/silver(I) 0.799
Aluminum/aluminum(III) -1.677
LIFO Periodic
An inventory valuation method, Last In First Out, used in periodic inventory systems where the last items added to the inventory are assumed to be sold first.
Perpetual LIFO
Perpetual LIFO, or Last-In, First-Out, is an inventory accounting method continuously updating inventory and costs of goods sold by assuming the last items purchased are the first to be sold.
Ending Inventory
The worth of products ready for purchase at the conclusion of a financial period.
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