Under a perpetual inventory system, when a sale is made, the company:

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Under a perpetual inventory system, a company records the cost of goods sold simultaneously with the sale. Therefore, a journal entry is required to record both the sale and the cost of goods sold. This allows for more accurate and up-to-date inventory management and cost of goods sold calculations. Option A and B are incorrect as they only record part of the transaction, and option D is incorrect as a journal entry is required to maintain accurate records.

Under a Perpetual Inventory System, When a Sale Is Made