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Which of the following is true of a sales journal prepared under the perpetual inventory system? O A. It records both cash and credit sales

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Which of the following is true of a sales journal prepared under the perpetual inventory system? O A. It records both cash and credit sales transactions. B. It includes a Cost of Goods Sold DR, Merchandise Inventory CR column. c. All transactions recorded in a sales journal also are entered in the general journal. D. It cannot be used with a perpetual inventory system

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