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In a Retail Business That Uses a Perpetual Inventory System,scanning

Question 151

Multiple Choice

In a retail business that uses a perpetual inventory system,scanning a bar code does not:


A) calculate the amount owed by the customer.
B) identify the item sold to be removed from the Inventory account.
C) identify the item sold to be recorded in the Cost of Goods Sold account.
D) calculate the gross profit.

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