Why not Debit Inventories in the Periodic Inventory System?
(Johannesburg, South Africa)
Q: Why do we not debit inventories in the periodic inventory system?
A: Very good question. The answer to this is fully explained in the lesson on periodic inventory. Check out that lesson and if you have any more questions after going through that lesson then post more questions.
I'd also recommend going through the other lessons in the inventory section so you have a full understanding of this topic.