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Home Q & A Board Other Fields Homework Help Business Accounting
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majestico majestico
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6 years ago
Under the perpetual inventory method, merchandise inventory is assigned to Cost of Goods Sold when a company:
A) purchases the inventory.
B) receives the inventory.
C) sells the inventory.
D) makes payment on the inventory.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
Read 137 times
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OmpaOmpa
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6 years ago
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majestico Author
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#2
6 years ago
Yeah, makes a lot more sense. Appreciate this quite a lot
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