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Olga is the accountant at Schowalter Incorporated responsible for inventory. Schowalter Incorporated uses a perpetual inventory system. Olga should debit the cost of purchases to

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Olga is the accountant at Schowalter Incorporated responsible for inventory. Schowalter Incorporated uses a perpetual inventory system. Olga should debit the cost of purchases to which account? [ 5 points] Accounts Payable Inventory Purchase Discounts Purchases Cost of Goods Sold

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