QUESTION

ANSWER

What is the clfference Istween al merituadisers financial statemems under the pericalic irventory syslem compared to a perpetuat imwocory sysitem?

$$ The cost of poesis sabd amoumt is a calculation unker the perionic imentory syscem.

$$ The periedic format has unly two sections$-$are fur rewrues and the other for experoes.

The inverdory ameunt is a cakolation under the perpetual imentory system.

The periodic furmat suiteceals gross margin and moxme from operations while the perpetual Sormat dhes noe.

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