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When an inventory system updates the Inventory account at the time of each sale it is known as a periodic system. a contra - purchase
When an inventory system updates the Inventory account at the time of each sale
it is known as
a periodic system.
a contrapurchase system.
a perpetual system.
an accrual system.
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College Accounting A Practical Approach Chapters 1-25
Authors: Jeffrey Slater, Mike Deschamps
15th Edition
0137504284, 9780137504282
