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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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