Under the perpetual inventory system, when a wholesaler returns the goods purchased on account, the ________ account is credited
A) Accounts Receivable
B) Merchandise Inventory
C) Cost of Goods Sold
D) Accounts Payable
B
Business
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Indicate whether the statement is true or false
Business
Customers who frequently pay bills late or not at all, who makes excuses for their actions
and who blame others for their problems are __________________. a. noncommittal b. empathetic c. self-sufficient d. immature
Business