When a company orders goods for resale, what is the accounting entry?
A) DR Cash
CR Accounts payable
B) DR Purchases
CR Accounts payable
C) DR Inventory
CR Accounts payable
D) No accounting entry is required yet

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The Answer of When a company orders goods for resale, what is the accounting entry?
A) DR Cash
CR Accounts payable
B) DR Purchases
CR Accounts payable
C) DR Inventory
CR Accounts payable
D) No accounting entry is required yet

When a Company Orders Goods for Resale, What Is the Accounting