Which of the following items does not result in an adjustment in the merchandise inventory account under

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Which of the following items does not result in an adjustment in the merchandise inventory account under a perpetual system?

(a) A purchase of merchandise.

(b) A return of merchandise inventory to the supplier

(c) Payment of freight costs for goods shipped to a customer.

(d) Payment of freight costs for goods received from a supplier.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471730514

4th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Jul 05, 2024 10:05 AM

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Which of the following items does not result in an adjustment in the merchandise inventory account under

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Financial Accounting Tools For Business Decision Making

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