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    Business
  3. Study Set
    Fundamentals of Financial Accounting
  4. Exam
    Exam 6: Internal Control and Financial Reporting for Cash and Merchandising Operations
  5. Question
    In a Perpetual Inventory System,only One Journal Entry Is Required
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In a Perpetual Inventory System,only One Journal Entry Is Required

Question 203

Question 203

True/False

In a perpetual inventory system,only one journal entry is required to record the sale of inventory.

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