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    Financial Accounting Study Set 29
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    Exam 6: Inventory and Cost of Goods Sold
  5. Question
    To Record the Cost of Inventory Sold in a Sale
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To Record the Cost of Inventory Sold in a Sale

Question 106

Question 106

True/False

To record the cost of inventory sold in a sale, a debit to Cost of Goods Sold and a credit to Inventory is required.

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