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An account used in the periodic inventory system that is not used in the perpetual inventory system is: a.Purchases b.Accounts Payable c.Sales d.Merchandise Inventory e.Sales

An account used in the periodic inventory system that is not used in the perpetual inventory system is: a.Purchases b.Accounts Payable c.Sales d.Merchandise Inventory e.Sales Returns and Allowances Please explain your answer the best way can

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