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    Financial Accounting Reporting Analysis
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    Exam 5: Reporting and Analysing Inventory
  5. Question
    The Journal Entry to Record a Return of Inventory Purchased
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The Journal Entry to Record a Return of Inventory Purchased

Question 1

Question 1

Multiple Choice

The journal entry to record a return of inventory purchased on account under a periodic inventory system would be:


A) The journal entry to record a return of inventory purchased on account under a periodic inventory system would be: A)    B)    C)    D)
B) The journal entry to record a return of inventory purchased on account under a periodic inventory system would be: A)    B)    C)    D)
C) The journal entry to record a return of inventory purchased on account under a periodic inventory system would be: A)    B)    C)    D)
D) The journal entry to record a return of inventory purchased on account under a periodic inventory system would be: A)    B)    C)    D)

Correct Answer:

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