An inventory system where the accounting records continuously show the quantity of merchandise on hand and the cost of that imyentory is a. a just-in-time inventory system. periodic inventory system. perpetual inventory system. ahybrid inventory system. 3 points Entity G lent a customer $25,000 on a one-year note, at 6% interest, with principal and interest due at maturity. The custemer dishonered the note but Entily G axpects eventual collection of all amounts duo and owing from the customer. Entily G should do nothing: transfer the amount due (orincipal and interest) to accounts recelvable. write-off the face value of the note. transfer only the principal amount to accounts receivable