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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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