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If a Business Uses the Periodic Inventory System,the Sales Journal

Question 137

Multiple Choice

If a business uses the periodic inventory system,the sales journal will ________.


A) record both the cash and credit sales
B) include a Purchase DR and Account Receivable CR column
C) exclude the Accounts Receivable DR and Sales Revenue CR column
D) exclude the Cost of Goods Sold DR and Merchandise Inventory CR column

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