Determine which inventory method best fits each statement below. Then select the multiple choice response below that fits your answer. At any point during the period, this method shows the Inventory account up to date. This method uses a purchases account. This method uses a separate loss on shrinkage for inventory lost in the period, rather than including it in COGS. This method requires an adjusting entry at the end of each period to record COGS O Perpetual, Perpetual, Periodic, Periodic Periodic, Perpetual, Periodic, Perpetual Periodic, Periodic, Perpetual, Perpetual Perpetual, Periodic, Periodic, Periodic Perpetual, Periodic, Perpetual, Periodic