What is the difference between a periodic and perpetual inventory system?

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Financial Accounting: A Business Process Approach

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Authors: Jane L. Reimers

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Question Posted: Sep 01, 2014 12:34 PM

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What is the difference between a periodic inventory system and a perpetual inventory system?
What is the difference between a periodic inventory system and a perpetual inventory system? Discuss.
What is the difference between a perpetual inventory system and a periodic inventory system?
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What is the difference between a periodic and perpetual inventory system?

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Under a perpetual system record keeping is continuous In other words each time a sale is made co...View the full answer

Financial Accounting: A Business Process Approach

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