Question: Question 18 (1 point) Under a perpetual inventory system, when merchandise is purchased, the buyer will record a debit to: O Accounts Receivable. Cost of

Question 18 (1 point) Under a perpetual inventory system, when merchandise is purchased, the buyer will record a debit to: O Accounts Receivable. Cost of Goods Sold. Merchandise Inventory. Sales. Previous Page Next Page Page 8 of 8

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