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What Event and Inventory Method May Have Produced the Following

Question 70

Multiple Choice

What event and inventory method may have produced the following journal entry? What event and inventory method may have produced the following journal entry? A) A return of goods by a customer under the perpetual inventory method. B) A sale of goods under the periodic inventory method. C) A return of goods by a customer under the periodic inventory method. D) A sale of goods under the perpetual inventory method.


A) A return of goods by a customer under the perpetual inventory method.
B) A sale of goods under the periodic inventory method.
C) A return of goods by a customer under the periodic inventory method.
D) A sale of goods under the perpetual inventory method.

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