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Which entries is required to record the sale of merchandise

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Reference no: EM132608139

Question 1: If a company uses a periodic inventory? system, which of the following entries is required to record the sale of merchandise on? credit?

A. Cost of Goods Sold

Purchases

B. Purchases

Cost of Goods Sold

C. Accounts Payable

Sales Revenue

D. Accounts Receivable

Sales Revenue

Reference no: EM132608139

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