Question: Under a perpetual inventory system, 2 . there is monnot for a yeareend physicat count b . accounting records continuously divclose the amount of inventory

Under a perpetual inventory system,
2. there is monnot for a yeareend physicat count
b. accounting records continuously divclose the amount of inventory
a. the purchases returns and allow ances account is credited when goods are reburned to vondors
d. increases in inventory resulting from purchases are debited to Purchases
Under a perpetual inventory system, 2 . there is

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