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On November 2 , Griffey Company has cash sales of $ 4 , 2 0 0 from merchandise having a cost of $ 3 ,
On November Griffey Company has cash sales of $ from merchandise having a cost of $ The entries to record the day's cash sales will include:
a $ credit to Cost of Goods Sold.
a $ credit to Cash.
a $ credit to Merchandise Inventory.
a $ debit to Accounts Receivable.
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