With a Perpetual Inventory System, Which of the Following Are

question 15

Multiple Choice

With a perpetual inventory system, which of the following are the credit columns of a typical cash payments journal?

• A)Merchandise Inventory column and Cash column
• B)Other Accounts column and Accounts Payable column
• C)Merchandise Inventory column and Accounts Payable column
• D)Other Accounts column and Cash column

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