Question: Using a perpetual inventory system, the entry to record the purchase of $30,000 of merchandise on account would include Oa debit to Accounts Payable b.

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

Using a perpetual inventory system, the entry to record the purchase of $30,000 of merchandise on account would include Oa debit to Accounts Payable b. credit to Inventory Oc debit to Inventory Od.credit to Sales

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