hen recording merchandise transactions under the periodic inventory system, w\ a. At the end of the period, a physical count of inventory on hand\ b. There is no detailed record of the amount of inventory on hand\ c. Purchases of inventory are recorded in the inventory account.\ d. Sales of merchandise are not recorded in the inventory account.

Ien recording merchandise transactions under the periodic inventory system, a. At the end of the period, a physical count of inventory on hand b. There is no detailed record of the amount of inventory on hand c. Purchases of inventory are recorded in the inventory account. d. Sales of merchandise are not recorded in the inventory account Ien recording merchandise transactions under the periodic inventory system, a. At the end of the period, a physical count of inventory on hand b. There is no detailed record of the amount of inventory on hand c. Purchases of inventory are recorded in the inventory account. d. Sales of merchandise are not recorded in the inventory account