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What happens when a company returns inventory (that was purchased using cash) to a supplier? (Assume the perpetual inventory system is used). Select one: a.

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What happens when a company returns inventory (that was purchased using cash) to a supplier? (Assume the perpetual inventory system is used). Select one: a. An increase in inventory and an increase in cash b. A decrease in inventory and an increase in cost of goods Sold c. A decrease in inventory and an increase in cash d. An increase in inventory and a decrease in cost of goods Sold

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