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A company purchased inventory for $ 1 comma 100 $1,100 per unit. The company later sold one unit of the inventory for cash of $
A company purchased inventory for $ 1 comma 100
$1,100 per unit. The company later sold one unit of the inventory for cash of $ 2 comma 400
$2,400. Under the perpetual inventorysystem, which accounts will be debited to record thesale?
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