Question: Question 31 4 pts Record the journal entry to close the following accounts at the end of the period. A merchandiser had sales discounts forfeited

 Question 31 4 pts Record the journal entry to close the

Question 31 4 pts Record the journal entry to close the following accounts at the end of the period. A merchandiser had sales discounts forfeited of $700, cost of goods sold of $12.000. The merchandiser uses a perpetual inventory system. HTML Editor Paragraph

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