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    College Accounting Study Set 2
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    Exam 15: Accounting for Merchandise Inventory
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    In a Periodic Inventory System, Purchases, Freight-In, and Purchases Returns
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In a Periodic Inventory System, Purchases, Freight-In, and Purchases Returns

Question 96

Question 96

True/False

In a periodic inventory system, Purchases, Freight-In, and Purchases Returns and Allowances accounts are used.

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