|
Title: The journal entry to record the purchase of $7,400 of inventory on account under the perpetual ... Post by: bravata on Feb 20, 2017 The journal entry to record the purchase of $7,400 of inventory on account under the perpetual inventory system is:
A) debit Inventory, $7,400; credit Cash, $7,400. B) debit Purchases, $7,400; credit Accounts Payable, $7,400. C) debit Inventory, $7,400; credit Accounts Payable, $7,400. D) debit Cost of Goods Sold, $7,400; credit Inventory, $7,400. Title: Re: The journal entry to record the purchase of $7,400 of inventory on account under the perpetual ... Post by: antonio_john on Feb 20, 2017 Content hidden
Title: Re: The journal entry to record the purchase of $7,400 of inventory on account under the perpetual ... Post by: bravata on Jul 12, 2017 This is a life saver
|