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Accounting

Item8
Time Remaining 16 minutes 4 seconds00:16:04
eBookItem 8
Time Remaining 16 minutes 4 seconds00:16:04
In a perpetual inventory system, the cost of inventory sold is:
Multiple Choice
Credited to cost of goods sold.
Debited to accounts receivable.
Not recorded at the time goods are sold.
Debited to cost of goods sold.

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