In the perpetual system of inventory, when merchandise is purchased for resale to customers, the account Merchandise Inventory is debited.

Name: In the perpetual system of inventory, when merchandise is purchased for resale to customers, the account Merchandise Inventory is debited.
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In the perpetual system of inventory, when merchandise is purchased for resale, the Merchandise Inventory account is debited to reflect the increase in inventory.

In the Perpetual System of Inventory, When Merchandise Is Purchased