he journal entry to record a purchase of inventory on credit under the perpetual system include:<\/p>
a debit to Merchandise Inventory.a debit to Purchases.a credit to Accounts Payable.Both A and C.<\/p>", "transcribed_text": "", "related_book": { "title": "South-Western Federal Taxation 2020 Comprehensive", "isbn": "357109147, 978-0357109144", "edition": "43rd Edition", "authors": "David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1962.jpg", "uri": "\/textbooks\/south-western-federal-taxation-2020-comprehensive-43rd-edition-9780357109144", "see_more_uri": "" }, "free_related_book": { "isbn": "979-8859156344", "uri": "\/textbooks\/securing-your-financial-future-today-keys-to-wealth-building-retirement-planning-and-creating-a-recession-proof-lifestyle-1st-edition-979-8859156344-251002", "name": "Securing Your Financial Future Today Keys To Wealth Building Retirement Planning And Creating A Recession Proof Lifestyle", "edition": "1st Edition" }, "question_posted": "2024-06-28 03:02:44", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/what-is-target-costing-how-does-activitybased-management-play-a", "description": "What is target costing? 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On 1 September 20X7 it paid $6,000 for the 12 months ended 31 August 20X8. On 1 September 20X8 it paid $7,200 for the 12 months ended 31 August 20X9. 1)...", "stars": 3 }, { "url": "\/study-help\/questions\/make-an-argument-as-to-why-arnold-schwarzeneggers-character-in-1002169", "description": "Make an argument as to why Arnold Schwarzenegger's character in the movie would have a good argument for Fraudulent Misrepresentation. TITLE OF VIDEO: Mexican Turbo Man - Jingle All the Way (FIRST...", "stars": 3 }, { "url": "\/study-help\/questions\/based-on-the-information-given-in-the-figure-determine-the-1024177", "description": "Based on the information given in the figure, determine the necessary power input to the compressor (Win). 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