If a Company Is Using a Perpetual Inventory System, the Balance

If a company is using a perpetual inventory system, the balance in its inventory account three-quarters of the way through an accounting period would be equal to:

A) the amount of goods purchased during the period
B) the inventory on hand at the beginning of the period
C) the amount of inventory on hand at that date
D) the total of the beginning inventory plus goods purchased during the accounting period