Question: When using a perpetual inventory system, the journal entry to record the cost of goods sold is: Oa. No journal entry is made to record

 When using a perpetual inventory system, the journal entry to record

When using a perpetual inventory system, the journal entry to record the cost of goods sold is: Oa. No journal entry is made to record the cost of goods sold. Ob. debit Inventory, credit Cost of Goods Sold Oc. debit Cost of Goods Sold; credit Inventory Od. debit Cost of Goods Sold; credit Sales

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