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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
The entry to record the company's cost of selling merchandise under a perpetual inventory system would be a:
A) debit to Accounts Receivable and a credit to Sales.
B) debit to Inventory and a credit to Cost of Goods Sold.
C) debit to Cost of Goods Sold and a credit to Inventory.
D) debit to Cost of Goods Sold and a credit to Sales.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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tivo Author
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#2
7 years ago
Thank you for helping me with my accounting homework, will ask again
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