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In a periodic inventory system, which accounts are credited in the adjusting/closing process? Select one: O a. Purchase Discounts, but not Purchases O b. Purchases,
In a periodic inventory system, which accounts are credited in the adjusting/closing process? Select one: O a. Purchase Discounts, but not Purchases O b. Purchases, but not Purchase Discounts O c. Both Purchase Discounts and Purchases O d. Neither Purchase Discounts nor Purchases
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