Match the Terms Below with the Correct Definitions

question 93

Multiple Choice

Match the terms below with the correct definitions.
-An account debited when goods are bought for resale (using the periodic inventory system)

• A)Unearned Revenue
• B)Income Summary
• C)First merchandise inventory adjusting entry (periodic system)
• D)Beginning merchandise inventory
• E)Ending merchandise inventory
• F)Periodic inventory system
• G)Wages Payable
• H)Wages Expense
• I)Purchases
• J)Second merchandise inventory adjusting entry (periodic system)