Ask Question
Today, 03:02

Under a perpetual inventory system:

a) purchases on account are debited to Purchases.

b) purchase returns are debited to Purchase Returns and Allowances.

c) freight costs are debited to Freight-Out.

d) purchases on account are debited to Inventory.

+2
Answers (1)
  1. Today, 05:10
    0
    The answer will be c
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Under a perpetual inventory system: a) purchases on account are debited to Purchases. b) purchase returns are debited to Purchase Returns ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers