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beschoology.com/assignment/3355262846/assessment Maps log in page @d 38850 Question 2 (1 point) Under a periodic invnetory system which of the following journal entries are booked at

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beschoology.com/assignment/3355262846/assessment Maps log in page @d 38850 Question 2 (1 point) Under a periodic invnetory system which of the following journal entries are booked at the time goods with a purchase price of $ 200 are sold o the customer for 5 500 a b Debit Accounts Receivable for $ 500 and Credit Sales for $ 500 Debit Purchases for $500 and Credit Sales for $500 Debit Accounts Receivable for $ 500, credit inventory for $ 200 and credit sales for $300 Debit Accounts Receivable for $200 and Credit Inventory for $200 d Question 3 (1 point) Periodic inventory system provides more timely information to managers True False

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