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estion points) Apo Inventory system updates accounting records for each purchase and sale ofendising Cue Come Que on 046 points) Under a periodic inventory system,

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estion points) Apo Inventory system updates accounting records for each purchase and sale ofendising Cue Come Que on 046 points) Under a periodic inventory system, if Worso, Inc purchases $300 worth of merchandise for cash, the journal entry would be: Debit Merchandise Inventory 800 and Credit Cash 800. a) True by False Question 116 points) Under a perpetual inventory system if Worso, Inc purchases $800 worth of merchandise for cash the joumal entry would be: Debit Merchandise Inventory 800 and Credit Gash 800 O DELL F3 F4 F5 FO F7 F8 F9 F10 F11 F12 Pris 2 @ * # 3 $ 4 % 5 & 7 6 8 9 W E R T Y U O P S D F G I J DE

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