In a Periodic Inventory System,there Is No Need to Record

question 274

True/False

In a periodic inventory system,there is no need to record an entry to Merchandise Inventory and Cost of Goods Sold when a sale occurs.

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Definitions:

Ecosystem

A community of living organisms interacting with each other and their physical environment.

Vulnerable

A state of being open to harm, damage, or illness, either physically, emotionally, or environmentally.

Invader Species

Organisms introduced to a new habitat where they proliferate and can outcompete native species, also known as invasive species.