Question: Question Content Area Under the periodic inventory system, the entry to journalize the cost of goods sold at the point of sale will include which

Question Content Area
Under the periodic inventory system, the entry to journalize the cost of goods sold at the point of sale will include which of the following?
a. a debit to Cost of Goods Sold
b. a credit to Inventory
c. a credit to Purchases
d. none of these choices

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