8.7 What do you understand by the terms perpetual inventory and periodic stocktake? In the case of...
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8.7 What do you understand by the terms ‘perpetual inventory’ and ‘periodic stocktake’?
In the case of a trader, how is the figure for cost of goods sold obtained under each of these systems?
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Related Book For 
Introduction To Accounting
ISBN: 9780761970378
3rd Edition
Authors: Pru Marriott, J R Edwards, Howard J Mellett
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