Which of the following accounts are used when recording a purchase using a periodic inventory system? A.

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Which of the following accounts are used when recording a purchase using a periodic inventory system?
A. Cash, purchases
B. Accounts payable, sales
C. Accounts payable, accounts receivable
D. Cash, merchandise inventory

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Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781593995942

1st Edition

Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax

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