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+ PO no Sound which of following us we w who merchandise on that start Cost of Good Son Sales Returns and Mlowances Transportation Which of the following conts would be the with that the perpetual inventory system) cast of Goods Sold Income Summary ance on hand entry: Purchases d Purchase Returns and Alone The designs for mediting the per refewer in number than the periodic wewed are the same regardless time to themed calculate the gross profit in the income Sum I do not affect the Merchandiser sont Which of the following accounts would not be closed by a merchandising entity that uses the perpetual inventory system? Cost of Goods Sold b. Income Summary Merchandise Inventory d Sales Returns and Allowances ton 9 On a worksheet prepared for merchandising writy that uses the perpetual inventory system a the components of cott of goods sold are contained in several account in the Income Statement columns the income Summary account is used to adjust the Owner's Capital account the inventory amount in the Balance Sheet column the same as in the Trial Balance columns d the Owner's Withdrawal account is closed into the Owner's Cantal count + PO no Sound which of following us we w who merchandise on that start Cost of Good Son Sales Returns and Mlowances Transportation Which of the following conts would be the with that the perpetual inventory system) cast of Goods Sold Income Summary ance on hand entry: Purchases d Purchase Returns and Alone The designs for mediting the per refewer in number than the periodic wewed are the same regardless time to themed calculate the gross profit in the income Sum I do not affect the Merchandiser sont Which of the following accounts would not be closed by a merchandising entity that uses the perpetual inventory system? Cost of Goods Sold b. Income Summary Merchandise Inventory d Sales Returns and Allowances ton 9 On a worksheet prepared for merchandising writy that uses the perpetual inventory system a the components of cott of goods sold are contained in several account in the Income Statement columns the income Summary account is used to adjust the Owner's Capital account the inventory amount in the Balance Sheet column the same as in the Trial Balance columns d the Owner's Withdrawal account is closed into the Owner's Cantal count

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