periodic takes place on an irregular schedule where perpetual is a constant state of inventory
Perpetual system Perpetual system
a thing that goes on and on
Perpetual
no
periodic takes place on an irregular schedule where perpetual is a constant state of inventory
Perpetual system Perpetual system
perpetual
Perpetual inventory is a continuous recording of products sold and in stock to show what is available at any given time. Usually large supermarkets use this method of inventory because they sell the same variety of products many times a day everyday.
a thing that goes on and on
Perpetual
no
Anthony Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.
Yes
inventory
Purchases
Perpetual System is that system in which company continuously updates the value of inventory while in periodic system inventory valuation is done only for closing inventory when company done physical inventory calculation.