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QUESTION 2 Forever Jewelers uses the perpetual Inventory system. On April 2. Forever sold merchandise with a cost of $1500 for 56000 to a customer

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QUESTION 2 Forever Jewelers uses the perpetual Inventory system. On April 2. Forever sold merchandise with a cost of $1500 for 56000 to a customer on account with terms of 1/15, n/30. Which of the following journal entries correctly records the sales revenue? Accounts Receivable 1500 Sales Revenue 1500 Sales Revenue 5940 Cost of Goods Sold 5940 Sales Revenue 5940 Accounts Receivable 5940 Accounts Receivable 5940 Sales Revenue 5940

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