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Drago Company purchases merchandise on account. If Drago uses a perpetual inventory system, this transaction will O increase inventory and increase accounts payable. O increase
Drago Company purchases merchandise on account. If Drago uses a perpetual inventory system, this transaction will O increase inventory and increase accounts payable. O increase sales revenue and increase accounts receivable. increase cost of goods sold and decrease accounts payable. O increase cost of goods sold and increase inventory
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