menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 6: Special Journals and Subsidiary Ledgers: the Basics: Sales and Cash
  5. Question
    Which Account Is Not Used with a Perpetual Inventory System
Solved

Which Account Is Not Used with a Perpetual Inventory System

Question 39

Question 39

Multiple Choice

Which account is not used with a perpetual inventory system?


A) Sales Returns and Allowances
B) Purchase Returns and Allowances
C) Inventory
D) Cost of Goods Sold

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q34: Credit terms remain the same from company

Q35: Posting to the general ledger from the

Q36: Credit terms of 1/10, n/30 mean that<br>A)

Q37: Medeco sold goods for $75 to a

Q38: Fruit & Company sells fruit in

Q40: Which of the following statements about subsidiary

Q41: The Coral Co. had the following transactions

Q42: Cash receipts are recorded in the Sales

Q43: A sales discount correctly taken by the

Q44: Credit terms whereby the customer is granted

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines