A Company That Makes the Following Journal Entry at the Time

Multiple Choice

A company that makes the following journal entry at the time of sale is using which of the following inventory systems? $$\begin{array}{l}\text { Dr. Cost of sales } \quad \mathrm { xxx }\\\text { Cr. Inventory } \quad \mathrm { xxx }\end{array}$$

A) Periodic system
B) Perpetual system
C) Just-in-time system
D) Specific identification system