Question: Multiple Select Question Select all that apply Beginning inventory was $100. Purchases during the year were $3,000. Based on a physical count at year-end, inventory

Multiple Select Question Select all that apply Beginning inventory was $100. Purchases during the year were $3,000. Based on a physical count at year-end, inventory should equal $300. In a periodic system, the year-end adjusting entry to transfer beginning and ending inventory balances to cost of goods sold includes credits to_ ( Check all that apply.) Purchases of $3,000 Cost of Goods Sold of $3,000 Inventory of $100 Inventory of $300

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