The Purchases Journal of a Business That Uses Periodic Inventory

question 72

Multiple Choice

The purchases journal of a business that uses periodic inventory system will include a column titled:

• A)Cost of Goods Sold DR.
• B)Purchases DR.
• C)Accounts Payable DR.
• D)Merchandise Inventory DR.

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Definitions:

Government Jobs

Employment positions offered by the state, local, or federal government, often providing stability and benefits.