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Hyakuen Inc. is a Japanese firm located in Nagoya. On November 2, 2019, the firm had cash sales of JPY 6,000,000 from merchandise having a
Hyakuen Inc. is a Japanese firm located in Nagoya. On November 2, 2019, the firm had cash sales of JPY 6,000,000 from merchandise having a cost of JPY 3,600,000. The entries to record the day's cash sales will include: Select one: a. a JPY 3,600,000 credit to Cost of Goods Sold. b. a JPY 6,000,000 credit to Cash. c. a JPY 3,600,000 credit to Inventory. d. a JPY 6,000,000 debit to Accounts Receivable
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