Question 18 (10 points) Flo-Moo Corp uses a perpetual inventory system and sells $55,000 of goods on account for which it paid $36,000. Which of the following should be included in any entry to record the transaction? a) Debit Cost of Goods Sold 36,000 and Debit Accounts Receivable 55,000 b) Debit Sales 55,000 and Debit Cost of Goods Sold 55,000 c) Credit Cost of Goods Sold 36,000 and Credit Merchandise Inventory 36,000 Od) a &c e) Credit Merchandise Inventory 36,000 and Credit Sales 55,000 f) b&d Question 19 (10 points) Which of the following is not a good inventory control when counting inventory? a) Second count is taken b) Counters have inventory responsibility c) Using pre-numbered inventory tickets d) All of these are not a good inventory control when counting inventory