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    Principles of Financial Accounting Study Set 1
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    Exam 5: Accounting for Merchandising Operations
  5. Question
    When a Company Returns Merchandise to Its Supplier Under a Perpetual
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When a Company Returns Merchandise to Its Supplier Under a Perpetual

Question 72

Question 72

True/False

When a company returns merchandise to its supplier under a perpetual inventory system, the inventory account will be debited.

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