Using a Perpetual Inventory System, the Purchase of $30,000 of Merchandise

question 78

Multiple Choice

Using a perpetual inventory system, the purchase of $30,000 of merchandise on account would include a(n) :

• A) increase in Sales.
• B) increase in Merchandise Inventory.
• C) decrease in Merchandise Inventory.
• D) decrease in Sales.

---

Definitions:

Holistic Care

An approach to healthcare that considers the whole person, including physical, emotional, social, and spiritual well-being.

Elective Outpatient

A medical or surgical service that is planned in advance and does not require the patient to stay in the hospital overnight.

Religious Medal

A piece of metal, often shaped like a coin and inscribed with religious symbols or figures, worn as a form of devotion or protection.