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Hello.. I am very confused by these questions and dont understand it. In each of the following situations, indicate whether you would expect the business

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Hello.. I am very confused by these questions and dont understand it.

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In each of the following situations, indicate whether you would expect the business to use a periodic inventory system or a perpetual inventory system. Explain the reasons for your answer. a. C. The Frontier Shop is a small retail store that sells boots and Western clothing. The store is operated by the owner, who works full-time in the business, and by one part-time salesclerk. Sales transactions are recorded on an antique cash register. The business uses a manual accounting system, which is maintained by ACE Bookkeeping Service. At the end of each month, an employee of ACE visits The Frontier Shop to update its accounting records, prepare sales tax returns, and perform other necessary accounting services. Allister's Corner is an art gallery in the Soho district of New York. All accounting records are maintained manually by the owner, who works in the store on a full-time basis. The store sells three or four paintings eat 'Main conlent ,t sales prices ranging from about $5,000 to $50,000 per painting. A publicly owned corporation publishes about 200 titles of college-level textbooks. The books are sold to college bookstores throughout the country. Books are distributed to these bookstores from four central warehouses located in California, Texas, Ohio, and Virginia

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