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Business, 11.03.2021 20:10 Ryvers

Which of the following is true of the periodic inventory method but not the perpetual method?
A. A physical inventory count is only done to address an error.
B. The Inventory account is adjusted at the end of the accounting
period.
C. The Inventory account balance changes constantly due to debits
and credits.
D. The Inventory account is credited for the cost of the items sold.

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Answers: 1

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Which of the following is true of the periodic inventory method but not the perpetual method?
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