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2. Record Purchases under a Perpetual Inventory System. Cash purchases are recorded by an increase in and a decrease in Credat (on account) purchases are

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2. Record Purchases under a Perpetual Inventory System. Cash purchases are recorded by an increase in and a decrease in Credat (on account) purchases are recorded by an increase in and an increase in What are key factors to consider when determining who pays for shipping? Freight- In refers to Freight-out refers to

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