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Problem 12 Identify which account will be debited in each of the following circumstances if the transaction shown is a credit to Accounts Payable. Inventory

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Problem 12 Identify which account will be debited in each of the following circumstances if the transaction shown is a credit to Accounts Payable. Inventory Transaction System Account Debited a. Purchase of food for storeroom Perpetual b. Purchase of food for kitchen Perpetual c. Purchase of food for storeroom Periodic d. Purchase of food for kitchen Periodic e Purchase of liquor for storeroom Perpetual f. Purchase of liquor for storeroom Periodic g Purchase of office supplies Asset

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