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bravata bravata
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Posts: 1417
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7 years ago
The journal entry to record the purchase of merchandise on credit, under the perpetual inventory system is:
A) Debit Purchases, credit Accounts Payable
B) Debit Cost of Goods Sold, credit Accounts Payable
C) Debit Inventory, credit Accounts Payable
D) Debit Purchases, credit Inventory
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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bravata Author
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7 years ago
This helped my grade so much Perfect
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Yesterday
Just got PERFECT on my quiz
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2 hours ago
Thanks
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