In a perpetual inventory system,the purchase of inventory is debited to:

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In a perpetual inventory system, the purchase of inventory is debited to the Inventory account, as it increases the quantity and value of inventory that the company holds at any given time. This also allows for accurate tracking of inventory levels and costs. Purchases and Cost of Goods Sold accounts are used in periodic inventory systems to record the purchases and cost of goods sold during a specific period.

In a Perpetual Inventory System,the Purchase of Inventory Is Debited