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tivo tivo
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Posts: 1776
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7 years ago
The inventory system that uses the merchandise inventory account as an asset account is called the:
A) periodic system.
B) perpetual system.
C) merchandising system.
D) Both inventory systems use the merchandise inventory account as an asset.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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tivo Author
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6 years ago
Luckily this is the last business course I'll be taking. Thank you greatly
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