Question: A company using a perpetual inventory system that returns goods previously purchased on credit would debit Accounts Payable and credit Inventory. debit Sales and credit

A company using a perpetual inventory system that returns goods previously purchased on credit would debit Accounts Payable and credit Inventory. debit Sales and credit Accounts Payable. debit Accounts Payable and credit Purchases. debit Cash and credit Accounts Payable

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