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Under the perpetual inventory system, what is the entry to record the cost price of goods sold for cash? Select one: a. DR Cost of
Under the perpetual inventory system, what is the entry to record the cost price of goods sold for cash?
Select one:
a. DR Cost of sales, CR Inventory, CR GST receivable
b. DR Inventory, CR Cost of sales
c. DR Cost of sales, CR Inventory
d. DR Cost of sales, CR Purchases
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