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In a periodic inventory system, recording a sale on account involves debiting which of the following accounts? Multiple Choice Only Accounts Receivable. Accounts Receivable, Cost

In a periodic inventory system, recording a sale on account involves debiting which of the following accounts? Multiple Choice Only Accounts Receivable. Accounts Receivable, Cost of Goods Sold, and Inventory. Accounts Receivable and Cost of Goods Sold. Accounts Receivable and Inventory.

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