In a perpetual inventory system, the Merchandise Inventory account is only used to reflect the beginning inventory 645 viewsFebruary 11, 2020 0 Darshita6.14K February 11, 2020 0 Comments In a perpetual inventory system, the Merchandise Inventory account is only used to reflect the beginning inventory 1 Answer ActiveVotedNewestOldest 0 Darshita6.14K Posted February 11, 2020 0 Comments Answer: False You are viewing 1 out of 1 answers, click here to view all answers. Register or Login