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(UCIUIT upes If a company purchases inventory using the periodic method, the merchandise is recorded to the inventory account. False O True O No answer

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(UCIUIT upes If a company purchases inventory using the periodic method, the merchandise is recorded to the inventory account. False O True O No answer text provided. O No answer text provided. D Question 2 5 pts Under the perpetual inventory system, the buyer would always record a return of merchandise on a purchase of goods to the inventory account. O True No answer text provided. O False

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