What is the difference between Perpetual and Periodic Inventory systems?
Submitted by: AdministratorIn perpetual inventory system, the inventory account is adjusted continually throughout the accounting period.
Whereas in the Periodic Inventory System: - Recording inventory transactions periodically than recording them continually.
Submitted by: Administrator
Whereas in the Periodic Inventory System: - Recording inventory transactions periodically than recording them continually.
Submitted by: Administrator
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