In a periodic inventory system,the cost of goods sold is determined by the following end-of-period computation: Beginning Inventory + Purchases - Ending inventory = Cost of Goods Sold.

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In a periodic inventory system, the cost of goods sold is determined by calculating the beginning inventory, adding any purchases made during the period, and then subtracting the ending inventory to arrive at the cost of goods sold.

In a Periodic Inventory System,the Cost of Goods Sold Is