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    Intermediate Accounting Study Set 8
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    Exam 3: The Accounting Information System
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    A Journal Entry to Record the Sale of Inventory on Account
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A Journal Entry to Record the Sale of Inventory on Account

Question 34

Question 34

Multiple Choice

A journal entry to record the sale of inventory on account will include a


A) debit to inventory.
B) debit to accounts receivable.
C) debit to sales.
D) credit to cost of goods sold.

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