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Moving to another question will save this response. Question 14 In a perpetual inventory system, the Cost of Goods Sold account is used: When you

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Moving to another question will save this response. Question 14 In a perpetual inventory system, the Cost of Goods Sold account is used: When you sell a plant asset such as a building. When you pay your sales team When you sell land that was used in the business. When a sale of inventory occurs. A Moving to another question will save this response. 14 18 19 20 21 2 Moving to another question will save this response. Question 18 The journal entry to record the collection of a Note Receivable will include a credit to: Cash Notes Receivable Allowance for Uncollectible Notes Notes Payable A Moving to another question will save this response. TON 14 155 TOST 18 19 20 21 22 22 Moving to another question will save this response Question 19 The allowance account that appears as a reduction to Accounts Receivable is acant Asset Contra asset Liability Contra liability A Moving to another question will save this response

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