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  3. Study Set
    Cornerstones of Financial Accounting Study Set 3
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    Exam 6: Cost Of Goods Sold and Inventory
  5. Question
    A Purchases Account Is Not Needed Under a Periodic Inventory
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A Purchases Account Is Not Needed Under a Periodic Inventory

Question 17

Question 17

True/False

A Purchases account is not needed under a periodic inventory system.

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