With the perpetual inventory system, which of the following entries would be made when inventory costing $3,600 is sold for $5,000? Oa. Purchases 5,000 Accounts Receivable 5,000 Ob. Cost of Goods Sold...

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With the perpetual inventory system, which of the following entries would be made when inventory costing<br>$3,600 is sold for $5,000?<br>Oa. Purchases<br>5,000<br>Accounts Receivable<br>5,000<br>Ob. Cost of Goods Sold<br>3,600<br>Inventory<br>3,600<br>Oc. Inventory<br>3,600<br>Cost of Goods Sold<br>5,000<br>Accounts Payable<br>3,600<br>Purchases<br>5,000<br>Od. Inventory<br>5,000<br>Accounts Payable<br>5,000<br>

Extracted text: With the perpetual inventory system, which of the following entries would be made when inventory costing $3,600 is sold for $5,000? Oa. Purchases 5,000 Accounts Receivable 5,000 Ob. Cost of Goods Sold 3,600 Inventory 3,600 Oc. Inventory 3,600 Cost of Goods Sold 5,000 Accounts Payable 3,600 Purchases 5,000 Od. Inventory 5,000 Accounts Payable 5,000

Jun 11, 2022

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With the perpetual inventory system, which of the following entries would be made when inventory costing $3,600 is sold for $5,000? Oa. Purchases 5,000 Accounts Receivable 5,000 Ob. Cost of Goods Sold...

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