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26. When the seller accepts a return of undamaged goods from the purchaser, the seller's journal entries would include two sets of entries, if they
26. When the seller accepts a return of undamaged goods from the purchaser, the seller's journal entries would include two sets of entries, if they are using a periodic inventory system. (1 Point) True False 27. Inventory turnover is calculated as: (1 Point) A) cost of goods sold divided by average inventory. B) cost of goods sold minus average inventory. a cost of goods sold times average inventory. OD) average inventory divided by cost of goods sold
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