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When a seller records a transaction to sell merchandise, they DR: Accounts Receivable and CR: Sales. they must also Group of answer choices DR: COGS

When a seller records a transaction to sell merchandise, they DR: Accounts Receivable and CR: Sales. they must also Group of answer choices DR: COGS CR: Inventory DR: Loss on Defective Inventory CR: COGS DR: Inventory CR: COGS DR: Sales Discounts CR: Sales Returns and Allowances

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