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What Event and Inventory System May Have Produced the Following

Question 67

Multiple Choice

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


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

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