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Which of the following would be part of the entry or entries required to record the sale of merchandise to a customer under the perpetual
Which of the following would be part of the entry or entries required to record the sale of merchandise to a customer under the perpetual inventory system? a) Credit to Cost of Goods Sold Ob) Debit to Cost of Goods Sold O c) Debit to Sales d) Debit to Merchandise Inventory e) Credit to Accounts Payable Which of the following would be part of the entry or entries to record the purchase of merchandise from a supplier? a) Debit to Merchandise Inventory b) Credit to Cost of Goods Sold O c) Credit to Merchandise Inventory od) Debit to Cost of Goods Sold e) Debit to Accounts Receivable
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