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11 Dec 2019
In a perpetual inventory system, which of the following is recorded at the time of the sale?
a. Sales revenue only.
b. Both sales revenue and cost of goods sold.
c. Cost of goods sold only.
d. Neither sales revenue or cost of goods sold.
In a perpetual inventory system, which of the following is recorded at the time of the sale?
a. Sales revenue only.
b. Both sales revenue and cost of goods sold.
c. Cost of goods sold only.
d. Neither sales revenue or cost of goods sold.
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