A Client Uses a Periodic Inventory System $\quad$ $\quad$

question 16

Multiple Choice

A client uses a periodic inventory system.Would one expect a credit to which of the following accounts at the point of sale?  

$\quad$ $\quad$ $\quad$$\begin{array} { c c c } & \text { Sales } & \quad\text { Inventory } \\\end{array}$
A- $\begin{array} { c c c } \quad\quad\quad\text { Yes } &\quad\quad\quad\quad \text { Yes } \\\end{array}$
B- $\begin{array} { c c c }\quad\quad\quad \text { Yes } &\quad\quad\quad\quad \text { No } \\\end{array}$
C- $\begin{array} { c c c } \quad\quad\quad\text { No } & \quad\quad\quad\quad\text {Yes } \\\end{array}$
D- $\begin{array} { c c c }\quad\quad\quad \text { No } &\quad\quad\quad\quad \text { No }\end{array}$

• A)Option A
• B)Option B
• C)Option C
• D)Option D

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