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When inventory is sold, there are two thing happening: 1) we have to remove the inventory from the books, and 2) we have to record
When inventory is sold, there are two thing happening: 1) we have to remove the inventory from the books, and 2) we have to record the revenue. We record the revenue with an increase to the revenue account and what else?
A - increase to inventory
B - increase to accounts payable
C - increase to cash or accounts receivable
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