Why isn't it possible to determine the amount of inventory that was stolen during a period when

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Why isn't it possible to determine the amount of inventory that was stolen during a period when a periodic inventory control system is used?

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Financial Accounting A Critical Approach

ISBN: 978-1259066528

4th edition

Authors: John Friedlan

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Question Posted: Feb 26, 2015 11:13 AM

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Why isn't it possible to determine the amount of inventory that was stolen during a period when

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When a periodic inventory system is used goods sold arent recorded Cost o...View the full answer

Financial Accounting A Critical Approach

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