contestada

Under a periodic inventory system
a.inventory is debited when goods are returned to vendors.
b.a separate account for each type of merchandise is maintained in a subsidiary ledger.
c.accounting records continuously disclose the amount of inventory.
d.a physical inventory is taken at the end of the period.

Respuesta :

Karabo99

Answer:

d.a physical inventory is taken at the end of the period

Explanation:

The periodic inventory only updates the ending inventory balance in the general ledger when you conduct a physical inventory count.

Therefore, Under a periodic inventory system, a physical inventory is taken at the end of the period.