Question: When using the periodic system the physical inventory count is inscifindetermine 1) only the cost of merchandise sold during the period. 2) only the sales
When using the periodic system the physical inventory count is inscifindetermine 1) only the cost of merchandise sold during the period. 2) only the sales value of goods in the ending inventory. 3) both the cost of the goods sold and the cost of ending inventory. 4) both the cost of the goods in ending inventory and the sales value of goods sold during the period
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