Question: age In a periodic inventory system Select one: OA. The company records the cost of new merchandise in the permanent Purchases account OB. The

age In a periodic inventory system Select one: OA. The company records

age In a periodic inventory system Select one: OA. The company records the cost of new merchandise in the permanent Purchases account OB. The inventory value is not based on a physical count OC. A continuous record of the amount of inventory on hand is maintained OD. The cost of merchandise on hand is determined by relating the quantities on hand to records showing each item's original cost E. None of these

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