Suggested Answer
Using a perpetual inventory system, the entry to record the return from a customer of merchandise sold on account includes a credit to inventory.What is inventory?Inventory refers to the products and substances that a commercial enterprise holds for the closing purpose of resale, manufacturing or utilization. Inventory control is a subject commonly approximately specifying the form and site of stocked items. While there are numerous sorts of stock, the 4 main ones are uncooked substances and components, paintings in progress, completed items and maintenance, restore and working supplies. Inventory is the uncooked substances used to provide items in addition to the products which can be to be had for sale. It is classed as a present day asset on a company's stability sheet. The 3 sorts of stock encompass uncooked substances, paintings-in-progress, and completed items. The 3 sorts of stock maximum normally used are: Raw Materials, Work-In-Progress and Finished Goods. To learn more about inventory from the given link :https://brainly.com/question/14184995#SPJ4