Multiple Choice
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.
Correct Answer:
Verified
Correct Answer:
Verified
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