Question: Using a periodic inventory system, the entry to record the purchase of merchandise on account involves a A. debit to Accounts Payable B. debit to

Using a periodic inventory system, the entry to record the purchase

Using a periodic inventory system, the entry to record the purchase of merchandise on account involves a A. debit to Accounts Payable B. debit to Purchases C. credit to Inventory D. debit to Inventory

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