Question: Using a perpetual inventory system, how should a company record the sale of inventory costing S430 for $1.070 on account? 430 430 1,070 1.070 1,070

Using a perpetual inventory system, how should a company record the

Using a perpetual inventory system, how should a company record the sale of inventory costing S430 for $1.070 on account? 430 430 1,070 1.070 1,070 430 Inventory Coat of Gooda Sold Sales Revenge Accounts Receivable 2. Accounts Receivable Sales Revenge Coat of Goods Sold Torventory 3. Zaventory Gain Sales Revenue 4. Accounts Receivable Sales Revenues Gain 430 JO 1.070 1,070 640 Multiple Choice O Option 1 o o o of O Option 4 O Option 2 Option

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