Question: Using a perpetual inventory system, how should a company record the sale of inventory costing $430 for Debit Credit 430 Event 1. 2. 3. 4.

Using a perpetual inventory system, how should a company record the sale of inventory costing $430 for Debit Credit 430 Event 1. 2. 3. 4. Account Title O O Inventory Cost of Goods Sold Sales Revenue Accounts Receivable Accounts Receivable Sales Revenue Cost of Goods Sold Inventory Inventory Gain Sales Revenue Accounts Receivable Sales Revenues Gain Multiple Choice Option 1 Option 2 O Option 3 990 990 430 430 560 990 430 990 990 430 990 430 560

Using a perpetual inventory system, how should a compony record the sole of inventory costing SA30 Multiple Cholce Option 1 Option 2 Option 3

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