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6-4a. Accounting Transactions Resulting from Processing Purchasing and Cash Disbursement Transactions Select the proper accounting entry from the list provided. Inventory was received but not
6-4a. Accounting Transactions Resulting from Processing Purchasing and Cash Disbursement Transactions Select the proper accounting entry from the list provided. Inventory was received but not paid for on a purchase order. Payment terms were 2% 10, Net 30. Please add checkmark next to the correct answer(s). 1 DR Inventory Asset and CR Cost of Goods Sold 2 DR Inventory Asset and CR Accounts Payable 3 DR Cost of Goods Sold and CR Accounts Payable 4 DR Inventory Asset and CR Job Materials
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