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Using a job order costing system, Jabari Company sold jobs on account with a selling price of $985,000 and a cost of $410,000. Assume the
Using a job order costing system, Jabari Company sold jobs on account with a selling price of $985,000 and a cost of $410,000. Assume the company uses the perpetual inventory system. The journal entries required to record this transaction are: ounts Payable 985,00 nished Goods Inventor 410,00 Cost of Goods Sold 410,000 Sales Revenue Accounts Receivable shed Goods Invent Cost of Goods Sold 410.0 Cost of Goods Sold 985,00 ds Inventory Accounts Payable Accounts Receivable 410,00 410,00 Finished Goods Inventory Click Save and Submit to save and submit. Click Save All Answers to sove all answers
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