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  3. bc co. sold merchandise inventory on account for $

BC Co. sold merchandise inventory on account for $9,600 that cost $7,000. Under the ...

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Accounting

BC Co. sold merchandise inventory on account for $9,600 that cost $7,000. Under the
perpetual approach, the entry (entries) at the time of the sale of the inventory on account is
(are) as follows:
image

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