In the periodic inventory system, purchases of merchandise for resale are debited to the Purchases account. 625 viewsFebruary 11, 2020 0 Darshita6.14K February 11, 2020 0 Comments In the periodic inventory system, purchases of merchandise for resale are debited to the Purchases account. 1 Answer ActiveVotedNewestOldest 0 Darshita6.14K Posted February 11, 2020 0 Comments Answer: True You are viewing 1 out of 1 answers, click here to view all answers. Register or Login