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The Special Journals Under the Perpetual Inventory System

Question 47

Multiple Choice

The special journals under the perpetual inventory system


A) Include an additional cost of goods sold journal.
B) Include an additional inventory journal.
C) Include an additional sales tax payable journal.
D) Include the sales journal, cash receipts journal, purchases journal, and cash disbursements journal.
E) Include both an additional inventory journal and an additional cost of goods sold journal.

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