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asap If the inventory was sold on account, the accounting entry for this sales will be O A. Dr. Purchase cost Cr. Inventory and Dr.
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If the inventory was sold on account, the accounting entry for this sales will be O A. Dr. Purchase cost Cr. Inventory and Dr. Cash Cr. Sales O B. Dr. Cost of Goods Sold Cr. Inventory and Dr. Accounts Receivable Cr. Sales O C. Dr. Cost of Goods Sold Cr. Inventory and Dr. Cash Cr. Sales O D. Dr. Inventory Cr. Cost of Goods Sold and Dr. Accounts Receivable Cr. SalesStep by Step Solution
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