A company that uses the perpetual inventory system sold goods to a customer for cash for $3,000. The cost of the goods sold was $600. Which of the following journal entries correctly records this transaction?

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The Answer of A company that uses the perpetual inventory system sold goods to a customer for cash for $3,000. The cost of the goods sold was $600. Which of the following journal entries correctly records this transaction?

A Company That Uses the Perpetual Inventory System Sold Goods