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Business, 28.02.2020 20:22 xoxotrish5401

Marsh Company uses the perpetual inventory system. Which of the following transactions neither increases nor decreases its inventory account?

Marsh paid freight costs to ship goods from its supplier to Marsh.

Marsh returned inventory to the supplier that Marsh has purchased for cash.

All of these transactions either increase or decrease Marsh's inventory account.

Marsh granted a customer an allowance by reducing the purchasing price.

Marsh purchased of merchandise on account

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