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The journal entry for the purchase of inventory on account using the perpetual inventory system is Date Accounts and Explanation Debit Credit 0 A. Il
The journal entry for the purchase of inventory on account using the perpetual inventory system is Date Accounts and Explanation Debit Credit 0 A. Il Merchandise Inventory Cash B. Merchandise Inventory Accounts Receivable OMerchandise Inventory Accounts Payable D. |Accounts payable Merc handise Inventory
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Business Accounting Uk Gaap Volume 2
Authors: Alan Sangster, Frank Wood
1st Edition
0273718800, 9780273718802
