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Business, 08.10.2019 19:00 niyawilliams23
Under a perpetual inventory system, a. a physical count is required to determine cost of merchandise on hand b. the purchases returns and allowances account is credited when goods are returned to vendors c. increases in inventory resulting from purchases are debited to purchases d. accounting records continuously disclose the amount of inventory
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Under a perpetual inventory system, a. a physical count is required to determine cost of merchandise...
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