Which of the following occurs at the same time a sale of goods occurs?
A. Reduction in accounts receivable
B. Increase in inventory
C. Increase in accounts payable
D. Recognition of cost of goods sold

Question

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The Answer of Which of the following occurs at the same time a sale of goods occurs?
A. Reduction in accounts receivable
B. Increase in inventory
C. Increase in accounts payable
D. Recognition of cost of goods sold

Which of the Following Occurs at the Same Time a Sale