Question: In perpetual inventory system we learned from class, if the merchandise business bought inventory by cash, the accounting entry will be OA. Dr. Inventory and

In perpetual inventory system we learned from class, if the merchandise business bought inventory by cash, the accounting entry will be OA. Dr. Inventory and Cr. Cash O B. Dr. Inventory and Cr. Accounts payable OC. Dr. Purchase and Cr. Cash OD. Dr. Inventory and Cr. Accounts receivable

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