Question
What is the correct journal entry when you purchase inventory stock items? Dr. The Accounts Payable/Vendor account; Cr. The Inventory account Dr. The Accounts Receivable/Customer
What is the correct journal entry when you purchase inventory stock items?
Dr. The Accounts Payable/Vendor account; Cr. The Inventory account
Dr. The Accounts Receivable/Customer account; Cr. The Sales account
Dr. The Inventory account; Cr. The Accounts Payable/Vendor account
Dr. The Cash account; Cr. The Revenue account
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