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Author Question: The entry to record the company's cost of selling merchandise under a perpetual inventory system would be a: (Read 132 times)

Jipu 123

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on: Feb 18, 2020
The entry to record the company's cost of selling merchandise under a perpetual inventory system would be a:
◦ debit to Accounts Receivable and a credit to Sales.
◦ debit to Cost of Goods Sold and a credit to Inventory.
◦ debit to Cost of Goods Sold and a credit to Sales.
◦ debit to Inventory and a credit to Cost of Goods Sold.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by Jipu 123 on Feb 18, 2020

mcni194

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Jipu 123

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Reply 2 on: Feb 18, 2020
YES! Correct, THANKS for helping me on my review

bimper21

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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