The entry to record the recognition of cost of goods sold is: Dr. Cost of Goods Sold
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Question:
The entry to record the recognition of cost of goods sold is:
Dr. Cost of Goods Sold Cr. Cash
Dr. Cost of Goods Sold Cr. Accounts Receivable
Dr. Cost of Goods Sold Cr. Inventory
Dr. Loss on Inventory Obsolescence Cr. Inventory
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Related Book For 
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
Posted Date:
