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Which of the Following Journal Entries Is Not Consistent with the Use

Question 56

Multiple Choice

Which of the following journal entries is not consistent with the use of a periodic inventory system? A. Purchases
\quad Accounts payable
B. Inventory
\quad Accounts payable
C. Accounts payable
\quad Cash
D. Accounts receivable
\quad Sales revenue


A) Option A
B) Option B
C) Option C
D) Option D

Correct Answer:

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