Hastings, Inc., sells many different items of sports equipment. The corporation takes a periodic inventory once every

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Hastings, Inc., sells many different items of sports equipment. The corporation takes a periodic inventory once every three months for use in preparing quarterly financial statements. A newly employed accountant suggests that the corporation change over to a perpetual inventory. What would you recommend? Explain your recommendation.

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Accounting Advanced

ISBN: 9780538447553

9th Edition

Authors: Claudia Bienias Gilbertson

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