In a perpetual inventory system,the entry at the time of a sale to record the cost of the inventory sold includes a:

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The entry to record the cost of the inventory sold in a perpetual inventory system includes a debit to Cost of Goods Sold. This is because Cost of Goods Sold represents the cost of the inventory that has been sold during the accounting period. The corresponding credit entry would be to the inventory account, which would reduce the value of the inventory on hand. The entry would not involve Accounts Receivable, as this account represents amounts owed by customers for sales made on credit.

In a Perpetual Inventory System,the Entry at the Time of a Sale