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Which of the following accounts would be included in the chart of accounts of a merchandising company using the
(a) periodic inventory system, (b) perpetual inventory system, or (c) both systems??
(1) Purchases
(2) Merchandise Inventory
(3) Sales
(4) Purchases Discounts
(5) Cost of Merchandise Sold
(6) Freight In
(7) Delivery Expense
Competition Analysis
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A formal summary of the aims and values of a company, organization, or individual, often guiding decision-making and strategy.
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