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Question 1 perpetual inventory system purchases on account are debited to Purchases. purchase returns are debited to Purchase Returns and Allowances. freight costs are debited

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Question 1 perpetual inventory system purchases on account are debited to Purchases. purchase returns are debited to Purchase Returns and Allowances. freight costs are debited to Freight-Out. purchases on account are debited to Inventory Click if you would like to Show Work for this question: Modify Show Work

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