ACC 100 Week 7 Quiz | Assignment Help | Strayer University

ACC 100 Week 7 Quiz  | Assignment Help | Strayer University 

Course            Accounting I

Test     QUIZ 3

Question 1    

"In a perpetual inventory system, cost of goods sold is recorded"                             

Question 2

The journal entry to record a credit sale is                                 

                                   

Question 3

"r companies that use a perpetual inventory system, all of the following are purposes for taking a physical inventory except"                           

 

Question 4

Which of the following statements is correct with respect to inventories?                           

Question 5

            In which journal would a cash purchase of inventory be recorded?                          

 

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