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Under the periodic inventory system, O A. The cost of sales is recorded for each...

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Accounting

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Under the periodic inventory system, O A. The cost of sales is recorded for each sale. B. No separate information is kept to control inventory shrinkage. C. The ending inventory is calculated by subtracting the cost of sales from the cost of goods available for sale. D. The cost to run the system is usually higher than that for the perpetual inventory system

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