Under the perpetual inventory system, the account to which purchased goods are recorded is:

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Under the perpetual inventory system, the account to which purchased goods are recorded is:

Under the perpetual inventory system, the account to which purchased goods are recorded is:
A) Purchases as a credit.
B) Inventory as a debit.
C) Cost of Goods Sold as a debit.
D) Purchases as a debit.

Textbook

Financial Accounting

Edition: 3^rd

Authors: Kemp, Waybright

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bravata Author

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