Question: When using a perpetual inventory system, a. no Purchases account is used. b. a Cost of Goods Sold account is used. c. two entries are

When using a perpetual inventory system,

a. no Purchases account is used.

b. a Cost of Goods Sold account is used.

c. two entries are required to record a sale.

d. All of these answer choices are correct

which one is correct and why?

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