Business, 25.04.2020 03:42 reese4232

In a perpetual inventory system: Multiple Choice Merchandising transactions are recorded as they occur. No effort is made to record the Cost of Goods Sold until year-end. Entries are made in the Cost of Goods Sold account whenever merchandise is purchased or sold. The need to take physical inventory is eliminated

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In a perpetual inventory system: Multiple Choice Merchandising transactions are recorded as they occ...

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