A Company That Uses the Perpetual Inventory System Sold Goods

question 28

Multiple Choice

A company that uses the perpetual inventory system sold goods to a customer for cash for $4,600.The cost of the goods sold was $1,000.Which of the following journal entries correctly records this transaction?

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Definitions:

Central Nervous System

consists of the brain and spinal cord, serving as the primary processing center for the entire nervous system and coordinating all bodily functions.

Coordination

The ability to use different parts of the body together smoothly and efficiently.

Central Nervous System

Comprises the brain and spinal cord, functioning as the primary control center for processing and transmitting information throughout the body.

Autonomic System

A part of the nervous system that controls involuntary bodily functions such as heart rate, digestion, and respiratory rate.