Question: Under a perpetual inventory system, the entry to record the cost of goods sold would include a debit to O A. Inventory and a credit

 Under a perpetual inventory system, the entry to record the cost

Under a perpetual inventory system, the entry to record the cost of goods sold would include a debit to O A. Inventory and a credit to Sales Revenue for the retail price of the inventory OB. Inventory and a credit to Cost of Goods Sold for the cost of the inventory OC. Cost of Goods Sold and a credit to Inventory for the cost of the inventory OD. Cost of Goods Sold and a credit to Inventory for the retail price of the inventory ure

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