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Business, 08.11.2019 04:31 katekayrodriguez10

The proper journal entry to record the receipt of inventory purchased on account in a perpetual inventory system would be: jan 1 inventory 540.00 accounts payable 540.00 jan 1 office supplies 540.00 accounts payable 540.00 jan 1 purchases 540.00 accounts payable 540.00 jan 1 purchases 540.00 accounts receivable 540.00

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