The journal entry to remove the beginning inventory under the periodic inventory system is:
A) debit Purchases and credit Cost of Goods Sold.
B) debit Purchases and credit Inventory.
C) debit Inventory and credit Cost of Goods Sold.
D) debit Cost of Goods Sold and credit Inventory.
D
Business
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A. accounting B. creating C. innovating D. organizing
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Most direct marketers apply the RFM formula to select customers. Explain this formula and how it is used to select customers
What will be an ideal response?
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