Solution-Which statements false with respect to use of

Which statements false with respect to use of ingredients

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Reference no: EM133009978

Problem 1: Pizza Company determined that dough, sauce, cheese and other ingredients costing $8,700 were used to make pizzas during July. Which of the following statements is false with respect to the use of the ingredients?

A) Cost of goods sold was debited for $8,700
B) Expense increased $8,700
C) Income decreased $8,700
D) Inventory was debited for $8,700

Reference no: EM133009978

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Which statements false with respect to use of ingredients

Reference no: EM133009978

Reference no: EM133009978

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