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    Financial Accounting Study Set 11
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    Exam 6: Inventory Cost of Goods Sold
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    Since a Perpetual Inventory System Continuously Updates the Inventory Account,a
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Since a Perpetual Inventory System Continuously Updates the Inventory Account,a

Question 102

Question 102

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Since a perpetual inventory system continuously updates the inventory account,a physical inventory count is not necessary to prove the inventory records.

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