Question: Select the appropriate account type and normal balance for each account: Question Sales Work (or Goods) in Process Inventory Cost of goods sold Finished goods

Select the appropriate account type and normal balance for each account:

Question

Sales

Work (or Goods) in Process

Inventory Cost of goods sold

Finished goods inventory

All Answer Choices

A. Asset - Debit

B. Liability - Credit

C. Equity - Credit

D. Revenue - Debit

E. Revenue - Credit

F. Expense - Credit

G.Expense - Debit

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