The cost of goods sold (COGS) in a periodic inventory system is found by: Multiple Choice deducting the cost of ending i
Posted: Fri Jul 01, 2022 8:26 am
The cost of goods sold (COGS) in a periodic inventory system isfound by:
Multiple Choice
deducting the cost of ending inventory from the cost of goodsavailable for sale
adding the net cost of purchases to the ending inventory
None of the other alternatives are correct
deducting the cost of beginning inventory from the cost of goodsavailable for sale
deducting the cost of the ending inventory from the net cost ofpurchases
Multiple Choice
deducting the cost of ending inventory from the cost of goodsavailable for sale
adding the net cost of purchases to the ending inventory
None of the other alternatives are correct
deducting the cost of beginning inventory from the cost of goodsavailable for sale
deducting the cost of the ending inventory from the net cost ofpurchases