When a purchase is made under the periodic system,the business will:
A)debit Vouchers Payable.
B)not enter a voucher in the voucher register.
C)debit Purchases.
D)All of the above

Question

Quizplus · Accepted Answer

Under the periodic system, purchases are recorded directly to the Purchases account. There is no need to enter a voucher in the voucher register or debit Vouchers Payable.

When a Purchase Is Made Under the Periodic System,the Business