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    Exam 5: Merchandising Operations
  5. Question
    A Company Using the Perpetual Inventory System Purchased Merchandise on Account
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A Company Using the Perpetual Inventory System Purchased Merchandise on Account

Question 18

Question 18

Essay

A company using the perpetual inventory system purchased merchandise on account for $5,000.Give the journal entry to record this transaction.Omit explanation.

Correct Answer:

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