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    Principles of Accounting Study Set 1
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    Exam 6: Accounting for Merchandising Operations
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    Under the Perpetual Inventory System,the Cost of Goods Sold Account
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Under the Perpetual Inventory System,the Cost of Goods Sold Account

Question 38

Question 38

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Under the perpetual inventory system,the Cost of Goods Sold account is updated continually throughout the period.

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