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Under the perpetual inventory system, which of the following journal entries are made for sales...

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Accounting

Under the perpetual inventory system, which of the following journal entries are made for sales and/or cost of goods sold? Question 20 options:

Debit Cost of Goods Sold; credit Finished Goods

Debit Cost of Goods Sold; credit Raw Materials

Debit Finished Goods; credit Sales

Debit Accounts Receivable; credit Inventory

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