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Company A purchases goods for cash on January 15. They purchase 10 items at a cost of $50 per item. 5 of these items are

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Company A purchases goods for cash on January 15. They purchase 10 items at a cost of $50 per item. 5 of these items are sold on January 29 for $700 cash. What is/(are) the entry/(ies) on January 29 to record the sale of the goods? O Debit Cash $700 Credit Sales Revenue 700 Debit Accounts Receivable $700 Credit Sales Revenue 5700 Debit Cost of Goods Sold S250 Credit Inventory $250 Debit Cash $700 $700 Credit Sales Revenue Debit Cost of Goods Sold 5250 Credit Inventory $250 Debit Cash $700 5700 Credit Sales Revenue Debit Cost of Goods Sold $500 Credit Inventory $500

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