D Question 12 5 pts Matching: Match the concept with the appropriate description. A. Inventory...
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Accounting
D Question 12 5 pts Matching: Match the concept with the appropriate description. A. Inventory and COGS journals are made with each transaction B. Most recent costs in Ending Inventory C. Most current purchasing costs would be in COGS D. Inventory and COGS journals are made at the end of the accounting period E. Smooths the costs of purchases over the accounting period LIFO PERIODIC [Choose B. Most recent costs in Ending Inventory C. Most current purchasing costs would be in COGS E. Smooths the costs of purchases over the accounting period D. Inventory and COGS journals are made at the end of the accounting period A. Inventory and COGS journals are made with each transaction WEIGHTED AVG FIFO Choose PERPETUAL Choose
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