In a Periodic Inventory System,recording a Sale on Account Involves

question 3

Multiple Choice

In a periodic inventory system,recording a sale on account involves crediting which of the following accounts?

• A)Only Sales.
• B)Sales and Inventory.
• C)Sales and Cost of Goods Sold.
• D)Sales,Inventory,and Cost of Goods Sold.

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Definitions:

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Reggio Emilia

An educational philosophy and pedagogy focused on preschool and primary education, emphasizing child-centered, experiential learning.

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Achievements or successes in the realm of education, often measured by grades, awards, or completion of degrees or certifications.

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A person's overall subjective emotional evaluation of their own worth. It encompasses beliefs about oneself as well as an emotional state such as triumph, despair, pride, and shame.