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The correct entry for each sale of a finished good on account is debit cost of goods sold: credit finished goods a. b. debit cost of goods sold: credit finished goods: debit accounts receivable; credit sales debit sales expense: credit finished goods: credit cash: credit accounts c. receivable d. debit work in process: credit finished goods: debit accounts receivable: credit sales questions 2 and 3 pertain to the following data set:
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The correct entry for each sale of a finished good on account is debit cost of goods sold: credit f...
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