History, asked by anmoldeshmukh724, 1 month ago

The entry to record cost of goods sold includes a credit to *​

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Answered by Anonymous
0

Answer:

When adding a COGS journal entry, you will debit your COGS Expense account and credit your Purchases and Inventory accounts. Purchases are decreased by credits and inventory is increased by credits. You will credit your Purchases account to record the amount spent on the materials.

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Answered by nhgori2113
0

Answer:

the entry to record cost of goods sold includes a credit to

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