Question: 1 : 4 7 Sun 3 Aug Done learning. Mc draw thil 2 3 of 3 6 Concepts completed Multiple Choice Question Under a periodic
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Multiple Choice Question
Under a periodic inventory system:
the revenue and the cost of goods sold are recorded
the cost of goods sold are recorded after each sale
the revenue but not the cost of goods sold is recorded
the cost of goods sold but not the revenue are recorded
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