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    Financial Accounting Study Set 5
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    Exam 7: Inventories
  5. Question
    Under the Perpetual Inventory System,cost of Goods Sold Is Accumulated
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Under the Perpetual Inventory System,cost of Goods Sold Is Accumulated

Question 104

Question 104

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Under the perpetual inventory system,cost of goods sold is accumulated as sales are made throughout the accounting period.

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