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Fast2F Fast2F
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7 years ago
The journal entry to record a purchase of inventory for cash under the perpetual system includes:
A) a debit to Merchandise Inventory.
B) a debit to Cash.
C) a credit to Cash.
D) Both A and C are correct.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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AugustisAugustis
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7 years ago
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Fast2F Author
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7 years ago
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Correct Slight Smile TY
lubennick
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Thanks for your help!!
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