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-   -   Perpetual inventory system (https://www.askmehelpdesk.com/showthread.php?t=369562)

  • Jun 27, 2009, 06:37 AM
    Barharb hogans
    Perpetual inventory system
    In a perpetual inventory system, the cost of purchased is deited to what account?
  • Jun 30, 2009, 11:03 AM
    rehmanvohra

    The debit is to the relative inventory account and not the purchases account

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