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  3. Study Set
    College Accounting A Career Approach
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    Exam 11: Work Sheet and Adjusting Entries
  5. Question
    This Account Is Debited in a Periodic Inventory System, When
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This Account Is Debited in a Periodic Inventory System, When

Question 12

Question 12

Multiple Choice

This account is debited in a periodic inventory system, when goods are bought for resale.


A) Merchandise Inventory
B) Purchases
C) Purchase Discounts
D) Sales

Correct Answer:

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