In a perpetual inventory system, when merchandise is returned to the seller, Cost of Merchandise Sold is debited as part of the transaction 595 viewsFebruary 11, 2020 0 Darshita6.14K February 11, 2020 0 Comments In a perpetual inventory system, when merchandise is returned to the seller, Cost of Merchandise Sold is debited as part of the transaction 1 Answer ActiveVotedNewestOldest 0 Darshita6.14K Posted February 11, 2020 0 Comments Answer: False In a perpetual inventory system, when merchandise is returned to the seller, Cost of Merchandise Sold is debited as part of the transaction is false You are viewing 1 out of 1 answers, click here to view all answers. Register or Login
