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4) In a perpetual inventory system, the cost of Goods Sold account is used a. whenever there is a sale of merchandise or a return
4) In a perpetual inventory system, the cost of Goods Sold account is used a. whenever there is a sale of merchandise or a return of merchandise sold b. only when a credit sale of merchandise occurs. c. only when a sale of merchandise occurs. d. only when a cash sale of merchandise occurs
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