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In a periodic inventory system, the Cost of Goods Sold account is continuously updated as and when ...

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In a periodic inventory system, the Cost of Goods Sold account is continuously updated as and when ...

In a periodic inventory system, the Cost of Goods Sold account is continuously updated as and when sales occur.
A) True
B) False

Textbook

Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters

Edition: 5^th

Authors: Miller-Nobles, Mattison, Matsumura

Read 162 times

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H3Ko Author

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7 years ago

I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right

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