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    Exam 6: Merchandising Operations and the Multistep Income Statement
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    Which Inventory System Records a Change in the Inventory Account
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Which Inventory System Records a Change in the Inventory Account

Question 157

Question 157

Multiple Choice

Which inventory system records a change in the Inventory account every time goods are bought,sold or returned?


A) Periodic
B) Perpetual
C) FOB Shipping Point
D) FOB Destination

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