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A company that uses the perpetual inventory system sold goods to a customer for cash for $3,000. The cost of the goods sold was $600. Which of the following journal entries correctly records this transaction?
Normal Curve
A symmetrical, bell-shaped curve that represents the distribution of many types of data; most scores are near the average, fewer scores are found at the extremes.
Probability
The quantification of the probability of an event happening, represented as a numerical value ranging from 0 to 1.
No Skew
A term indicating that the distribution of data or residuals in a dataset exhibits no significant asymmetry from the normal distribution.
Normal Curve
A symmetrical, bell-shaped curve that represents the distribution of many types of data where most occurrences take place around the central peak.
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