Question: When using the periodic system the physical inventory count is used to determine O both the cost of the goods in ending inventory and the

When using the periodic system the physical inventory count is used to determine O both the cost of the goods in ending inventory and the sales value of goods sold during the period. O only the sales value of goods in the ending inventory. O both the cost of the goods sold and the cost of ending inventory O only the cost of merchandise sold during the period

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