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A company purchased inventory for $


$1,000 per unit. The company later sold one unit of the inventory for cash of $ 1,700

$1,700. Under the perpetual inventory​ system, which accounts will be debited to record the​ sale?

here are the answers provided


​Cash, $ 1700

$1,700​; ​Inventory, $ 1000



​Cash, $ 1700

$1,700​; ​Inventory, $ 700



​Cash, $ 1700

$1,700​; Cost of Goods​ Sold, $ 1000



​Cash, $ 1700

$1,700​; Cost of Goods​ Sold, $ 700

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