Question: Multiple Choice Question When a company using the perpetual inventory system purchases inventory on account, affected. the balance sheet and statement of cash flows are

Multiple Choice Question
When a company using the perpetual inventory system purchases inventory on account, affected.
the balance sheet and statement of cash flows are
none of the financial statements are
the balance sheet and income statement are
all the financial statements are
only the balance sheet is
 Multiple Choice Question When a company using the perpetual inventory system

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