jsing the topics from the chart below, explain the procedures of a company that uses a perpetual inventory system

$\backslash$table$[[$Topic$,$Perpetual Inventory$],[\backslash$table$[[$Accuracy of$],[$Merchandise$],[$Inventory account$]],\backslash$table$[[-$real fime newrd$],[-$ Phygical record$]]],[\backslash$table$[[$Purchasing$],[$Inventory$]],\backslash$table$[[-$ ncurd coGS in inventory accomt lincluds sipping handing $(0,$ t$)],[-$ reteet on cocas whe inreatorgis sold$],[-$ Perpesany update invering $*]]],[$Selling Inventory,$],[\backslash$table$[[$Cost of Goods$],[$Sold$]],-$ GOGs is calculated controsslly as inventory is so ld$]]$

Some companies use Multiple Step Income Statements. When they do$,$ what is the difference between Net Income and Income from Operations?

Give $2$ examples of Other Revenues and Gains

Give $2$ examples of Other Expenses and Losses

$\backslash$table$[[\backslash$table$[[$Inventory Valuation$],[$Methods$]],$Explain method,$\backslash$table$[[$Impact on Accuracy of$],[$Balance Sheet Inventory$],[$Figure$]],\backslash$table$[[$Impact on Accuracy of Net$],[$Income Figure$]]],[,,,],[\backslash$table$[[$FIFO$],[($First In First Out$)]],,,],[,,,],[$Average Cost,,,$]]$