Question
In a perpetual inventory system, a separate account is maintained for each separate inventory item. These separate accounts are referred to as control accounts. subsidiary
In a perpetual inventory system, a separate account is maintained for each separate inventory item. These separate accounts are referred to as
control accounts.
subsidiary accounts.
contra accounts.
purchase accounts.
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Cambridge IGCSE And O Level Accounting Coursebook
Authors: Catherine Coucom
2nd Edition
1316502775, 978-1316502778
