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Business, 09.11.2019 00:31 keirarae2005

Under the periodic inventory system, which of the following entries is prepared at the end of the accounting period?
a. debit purchases and credit cost of goods sold
b. debit cost of goods sold and credit inventory
c. debit cost of goods sold and credit purchases
d. b and c

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Under the periodic inventory system, which of the following entries is prepared at the end of the ac...

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