Dole Company uses the periodic inventory system.At the end of the accounting period,ending inventory is $10,000 and beginning inventory is $5,000.Purchases for the period are $99,000.How many journal entries are necessary at the end of the accounting period?

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The Answer of Dole Company uses the periodic inventory system.At the end of the accounting period,ending inventory is $10,000 and beginning inventory is $5,000.Purchases for the period are $99,000.How many journal entries are necessary at the end of the accounting period?

Dole Company Uses the Periodic Inventory System