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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
James, a customer, purchased $500 of merchandise from Haskins, Inc. Under the perpetual inventory system, Haskins, Inc. will record a:
A) debit to Accounts Receivable or to Cash for $500.
B) credit to Accounts Receivable or to Cash for $500.
C) credit to Cost of Goods Sold for $500.
D) debit to Sales for $500.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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bravata Author
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7 years ago
this is exactly what I needed
courtneyrmcd
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Brilliant ツ
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This calls for a celebration Person Raising Both Hands in Celebration
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