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Question(s) / Instruction(s):

How would a sale on account be recorded?

a)            DR Cash, DR Accounts receivable, CR Sales Revenue, DR inventory, CR Cost of Goods sold

b)            DR Cash, CR Sales revenue, CR inventory, DR Cost of goods sold

c)            CR Accounts receivable, DR Sales revenue, CR inventory, DR Cost of goods sold expense

d)            DR Accounts receivable, CR Sales Revenue, CR inventory, DR Cost of Goods sold expense

e)            None of the above

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