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    Business
  3. Study Set
    Using Financial Accounting
  4. Exam
    Exam 5: Inventories and Cost of Goods Sold
  5. Question
    Under the Perpetual Inventory System,each Time Goods Are Purchased,the Inventory
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Under the Perpetual Inventory System,each Time Goods Are Purchased,the Inventory

Question 176

Question 176

True/False

Under the perpetual inventory system,each time goods are purchased,the Inventory account is transferred to sales revenue.

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