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A retailer sells TVs at a selling price of $20,000 on account. The total cost of the inventory sold is $15,000. Under a perpetual inventory
A retailer sells TVs at a selling price of $20,000 on account. The total cost of the inventory sold is $15,000. Under a perpetual inventory system the journal entries to record the sale will include
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Corporate Financial Reporting And Analysis
Authors: David Young, Jacob Cohen
3rd Edition
1118470559, 9781118470558
