Under the periodic method of accounting for inventory, when should the Inventory account be credited when recording cost of goods sold and adjusting inventory at the end of a period? Select one: O a. If the physical count of inventory at the beginning of the year was lower than it was at the end of the year O b. If the physical count of inventory at the end of the year is higher than it was at the beginning of the year Oc. The inventory account should not be debited or credited at the end of the year because it changes during the year when inventory is received or sold to customers Od. If the physical count of inventory at the end of the year is lower than it was at the beginning of the year O. e. Inventory is always credited at the end of the year, it is the only way to calculate cost of goods sold