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Prof. Scot Emard

Feb 20, 2025

When using the periodic system the physical inventory count is used to determine?

When using the periodic system the physical inventory count is used to determinea) only the sales value of goods in the ending inventory. b) both the cost of the goods in ending inventory and the sales value of goods sold during the period. c) both the cost of the goods sold and the cost of ending inventory. d) only the cost of merchandise sold during the period.
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Ms. Juana Fadel

Feb 20, 2025

c) both the cost of the goods sold and the cost of ending inventory.... Show More
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M
Ms. Juana Fadel

Feb 20, 2025

Perpetual inventory gadget updates inventory debts after each and each purchase or sale. inventory subsidiary ledger is as much as date after each and each transaction. inventory parts are as much as date consistently... Show More
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