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Which of the following entries does not result in a debit or credit to the merchandise inventory account under a perpetual inventory system? Multiple Choice

Which of the following entries does not result in a debit or credit to the merchandise inventory account under a perpetual inventory system?

Multiple Choice

Entry to record the purchase of merchandise

Entry to record the return of merchandise inventory to the supplier

Entry to record freight costs for goods shipped to a customer

Entry to record freight costs for goods received from a supplier

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