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    Financial Accounting Study Set 1
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    Exam 9: Inventory
  5. Question
    The Entry to Record a Credit Sale When the Perpetual
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The Entry to Record a Credit Sale When the Perpetual

Question 20

Question 20

Multiple Choice

The entry to record a credit sale when the perpetual inventory method is employed will include a debit to:


A) cost of goods sold.
B) sales.
C) purchases.
D) inventory.

Correct Answer:

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