Which of the following accounts will not be found in the cost of merchandise sold section of the income statement for a company using the periodic inventory method? Oa. Selling Expense Ob. Purchases Oc. Merchandise Inventory Od. Freight In

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Which of the following accounts will not be found in the cost of merchandise sold section of the income statement for a company using the periodic inventory method?
Oa. Selling Expense
Ob. Purchases
Oc. Merchandise Inventory
Od. Freight In
Transcribed Image Text:Which of the following accounts will not be found in the cost of merchandise sold section of the income statement for a company using the periodic inventory method? Oa. Selling Expense Ob. Purchases Oc. Merchandise Inventory Od. Freight In
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