In a perpetual inventory system,Purchases,Freight-In,and Purchases Returns and Allowances accounts are not used.

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In a perpetual inventory system, the cost of goods sold and inventory balances are constantly updated, so there is no need for separate accounts for purchases, freight-in, or purchases returns and allowances. Instead, these transactions affect the inventory account directly.

In a Perpetual Inventory System,Purchases,Freight-In,and Purchases Returns and Allowances Accounts