Search when using a perpetual inventory system, the journal entry to record the cost of goods sold is: debit Cost of Goods Sold; credit Sales debit Inventory; credit Cost of Goods Sold debit Cost of...


Search<br>when using a perpetual inventory system, the journal entry to record the cost of goods sold is:<br>debit Cost of Goods Sold; credit Sales<br>debit Inventory; credit Cost of Goods Sold<br>debit Cost of Goods Sold; credit Inventory<br>O No journal entry is made to record the cost of goods sold.<br>

Extracted text: Search when using a perpetual inventory system, the journal entry to record the cost of goods sold is: debit Cost of Goods Sold; credit Sales debit Inventory; credit Cost of Goods Sold debit Cost of Goods Sold; credit Inventory O No journal entry is made to record the cost of goods sold.

Jun 02, 2022
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