Question: Under a periodic inventory system a . a separate account for each type of merchandise is maintained in a subsidiary ledger b . Inventory is

Under a periodic inventory system
a. a separate account for each type of merchandise is maintained in a subsidiary ledger
b. Inventory is debited when goods are relumed to vendors
c. accounting records continuously disclose the amount of inventory
d. a plysical inventory is faken at the cnd of the period
Under a periodic inventory system a . a separate

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