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Other Fields Homework Help Accounting Topic started by: harra on Sep 19, 2017



Title: If a company uses a periodic inventory system, which of the following entries is required to record ...
Post by: harra on Sep 19, 2017
If a company uses a periodic inventory system, which of the following entries is required to record the sale of merchandise on credit?
A)
Accounts Receivable
Sales Revenue

B)
Purchases
Cost of Goods Sold

C)
Cost of Goods Sold
Purchases

D)
Accounts Payable
Sales Revenue


Title: Re: If a company uses a periodic inventory system, which of the following entries is required to ...
Post by: Kryzen on Sep 19, 2017
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Title: Re: If a company uses a periodic inventory system, which of the following entries is required to record ...
Post by: harra on Dec 31, 2017
Very timely, excellent answer