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K Which of the following is true of a sales journal prepared under the perpetual inventory system? OA. It records both cash and credit
K Which of the following is true of a sales journal prepared under the perpetual inventory system? OA. It records both cash and credit sales transactions. OB. It cannot be used with a perpetual inventory system. OC. It includes a Cost of Goods Sold DR, Merchandise Inventory CR column. D. All transactions recorded in a sales journal also are entered in the general journal.
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