Answer:
c) Inventory (beginning) and Purchases.
Explanation:
When you use perpetual inventory system, you must record cost of goods sold every time you make a sale. But when you use a periodic inventory system, you close cost of goods sold with merchandise inventory account at the end of the period.
beginning inventory + purchases - ending inventory = cost of goods sold
The earliest franchise of indoor cycling classes called Spinning
<h3>Spinning</h3>
- Spinning is a brand of indoor bicycles and indoor cycling instruction classes distributed and licensed by the American health and fitness company Mad Dogg Athletics.
In conclusion, we can conclude that the correct answer is spinning.
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<span>If you spend $35 using a credit card you have created, a $35 financial liability for yourself. </span>
