Question: Using a perpetual Inventory system, how should a company record the sale of Inventory costing $450 for $910 on account? 450 450 910 916 11.

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 $450 for $910 on account? 450 450 910 916 11. Inventory cost of Goods Sold Sales Revenue Accounts Receivable 2. Accounts Receivable Sales Revenue Cost of Goods Sold Inventory Inventory Gain Sales Revenue 4. Accounts Receivable Sales Revenues Gain SA 910 Multiple Choice 0 0 0 Option 3 0 Option 1

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