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X Company sells $100 worth of inventory on March 3rd at a sales price of $120. X's journal entry on March 3rd will include: 1.

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X Company sells $100 worth of inventory on March 3rd at a sales price of $120. X's journal entry on March 3rd will include: 1. Debit to COGS for $120 2. Credit to Sales Revenue for $120. 3. Debit to Inventory for $120. 4. Credit to Accounts Receivable for $120. 0 1 2 2 3 0 04

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