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Under a perpetual inventory system, acquisition of merchandise for resale is debited to the Purchases account. the Cost of Goods Sold account. the Inventory
Under a perpetual inventory system, acquisition of merchandise for resale is debited to the Purchases account. the Cost of Goods Sold account. the Inventory account. O the Supplies account.
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Accounting Information Systems basic concepts and current issues
Authors: Robert Hurt
3rd edition
130855849X, 978-1308558493, 78025338, 978-0078025334
