Question: Indicate which account would be debited and which account would be credited. (cash, accounts receivable, inventory, supplies, computer, accounts payable, notes payable, sales revenue, COGS,
Indicate which account would be debited and which account would be credited. (cash, accounts receivable, inventory, supplies, computer, accounts payable, notes payable, sales revenue, COGS, wages) 1. Purchased inventory on credit 2. Purchased supplies on account 3. Purchased a computer for cash 4. Sold goods to customers on credit 5. Record the cost of goods sold
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