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Adams Company is a retailer and uses a perpetual inventory system. Which statement is correct? Freight paid to get merchandise to Adams Company's store is
Adams Company is a retailer and uses a perpetual inventory system. Which statement is correct? Freight paid to get merchandise to Adams Company's store is debited to Freight Expense. O Discounts taken by Adams Company's customers are credited to Inventory. O A return of merchandise by one of Adams Company's customers is credited to Inventory. O Returns of merchandise by Adams Company to a manufacturer are credited to Inventory
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