What account is credited for the return of merchandise inventory when (a) The periodic inventory system is
Question:
What account is credited for the return of merchandise inventory when
(a) The periodic inventory system is used
(b) The perpetual inventory system is used?
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a Periodic inventory is a system of inventory in which updates are made on a periodic basis In ...View the full answer
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Related Book For 
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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