Question: Under the perpetual inventory system, consider the May 2 transaction. Chose the best choice for recording the transaction: Question 5 options: Account Debit Credit Inventory

Under the perpetual inventory system, consider the May 2 transaction. Chose the best choice for recording the transaction: Question 5 options: Account Debit Credit Inventory $1,000 Cash $1,000 Account Debit Credit Freight-In $1,000 Cash $1,000 Account Debit Credit Cash $1,000 Cost of Goods Sold $1,000

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