Business
Business, 01.01.2020 19:31, smithsa10630

In a perpetual inventory system:

a. merchandise inventory is debited every time inventory is purchased
b. cost of goods sold is debited every time inventory is sold
c. a physical inventory is taken at least annually
d. all of the above.

answer
Answers: 1

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In a perpetual inventory system:

a. merchandise inventory is debited every time invento...

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