Question: Would like to double check that the answer is B. Question 9 (3 points) When using a perpetual inventory system to record inventory transactions, Inventory

Would like to double check that the answer is B.

Question 9 (3 points) When using a perpetual inventory system to record inventory transactions, Inventory account is updated periodically. "Cost of goods sold" is recorded with each sale. Sales revenue is recorded at the end of a period. O "Purchases" account is used to record a purchase of inventory

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