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Home Q & A Board Other Fields Homework Help Business Accounting
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gOOvER gOOvER
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6 years ago
The entries to record a $4,500 sale on account under a perpetual inventory system, when the cost of the merchandise is $3,000, include a:
A) debit to Inventory for $3,000.
B) credit to Sales Revenue for $3,000.
C) debit to Sales Revenue for $4,500.
D) credit to Inventory for $3,000.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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migrodmigrod
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6 years ago
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gOOvER Author
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6 years ago
Thank you, thank you, thank you!
Roselalo
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this is exactly what I needed
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Thanks
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