the periodic inventory method, cost of goods sold is computed by subtracting ending inventory from cost of goods available for sale.

Name: the periodic inventory method, cost of goods sold is computed by subtracting ending inventory from cost of goods available for sale.
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In the periodic inventory method, the cost of goods sold (COGS) is calculated by subtracting the ending inventory from the cost of goods available for sale, which includes beginning inventory plus purchases during the period.

The Periodic Inventory Method, Cost of Goods Sold Is Computed