Question: Under a perpetual inventory system, purchases on account are debited to Inventory. purchases on account are debited to Purchases. freight costs are debited to Freight

Under a perpetual inventory system,
purchases on account are debited to Inventory.
purchases on account are debited to Purchases.
freight costs are debited to Freight-Out.
purchase returns are debited to Purchase Returns and Allowances.
Under a perpetual inventory system, purchases on

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