Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Which of the following accounts would be unnecessary in a company that uses a perpetual inventory system? Select one: a.sale discount b.cost of goods sold

Which of the following accounts would be unnecessary in a company that uses a perpetual inventory system?

Select one:

a.sale discount

b.cost of goods sold

c.freight for sale

d.returns on purchase

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Hartgraves And Morse

6th Edition

1934319805, 978-1934319802

More Books

Students explore these related Accounting questions