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    Exam 7: Inventory and the Cost of Sales
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    Which of the Following Accounts Would Be Debited When Making
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Which of the Following Accounts Would Be Debited When Making

Question 52

Question 52

Multiple Choice

Which of the following accounts would be debited when making closing entries?


A) Cost of Goods Sold
B) Purchases
C) Sales Discounts
D) Purchase Returns

Correct Answer:

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