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Forever Jewelers uses the perpetual inventory system. On April 2, Forever sold merchandise with a cost of $2,500 for $7,000 to a customer on
Forever Jewelers uses the perpetual inventory system. On April 2, Forever sold merchandise with a cost of $2,500 for $7,000 to a customer on account with terms of 5/15, n/30. Which of the following journal entries correctly records the sales revenue? OA. Accounts Receivable Sales Revenue 6,650 6,650 OB. Sales Revenue 6,650 Cost of Goods Sold 6,650 OC. Sales Revenue 6,650 Accounts Receivable 6,050 OD. Accounts Receivable 2.500 Sales Revenue 2,500
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