If a company sells goods that cost 70000 for 82000 the firm

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If a company sells goods that cost $70,000 for $82,000, the firm will?

		reduce Finished-goods inventory by $70,000
		reduce Finished-goods inventory by $82,000
		report sales revenue on the balance sheet of $82,000
		reduce cost of goods sold by $70,000
		follow more than one of the above procedures

Reference no: EM13480238

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