Business
Business, 07.03.2020 02:23, haileyhale5

Faust Company uses the perpetual inventory system. Faust sold goods that cost $2,300 for $3,600. The sale was made on account. What is the net effect of the sale on the company’s financial statements? (Consider the effects of both parts of this event.)

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Faust Company uses the perpetual inventory system. Faust sold goods that cost $2,300 for $3,600. The...

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