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Question 15 (1 point) Saved Under a perpetual inventory system, the following entry would be made to record a purchase of inventory on account:

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Question 15 (1 point) Saved Under a perpetual inventory system, the following entry would be made to record a purchase of inventory on account: Purchases XXX Accounts Payable Merchandise Inventory Accounts Receivable Merchandise Inventory Accounts Payable Cost of Goods Sold XXX Accounts Payable XXX XXX XXX XXX XXX XXX

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