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Q: Does Kellogg's use a periodic or perpetual system?
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How you use the word perpetual in a sentence?

flowers are not perpetual.


Difference between perpetual inventory system and periodic inventory?

Periodic is what most small businesses use. Once a year, or whenever (periodically), a count is done, and that is how inventory levels are accounted for. When goods are purchased, the purchase price (the cost of the goods) is just dumped straight into a COGS account, rather than into an inventory (asset) account as happens with perpetual inventory (which moves the cost of goods from inventory (asset) to COGS when a sale occurs). Perpetual Inventory is continually monitored (the word perpetual means continual), so at any given time you can tell how much of each item you have on hand, because you are tracking every stock movement in real time. Companies that have RF scanners etc. are able to do this fairly easily with the technology. With periodic, you just do a count and adjust the levels through your accounting system, with the difference in sales of the item and actual levels on hand, being allocated as "shrinkage" (expense). Sure, there's variations on that (like shrinkage being a COGS account), but that's basically it. Perpetual allows you to know what you have on hand at all times, while periodic relies on physical counts.


Marlow company use a perpetual inventory system It entered into the following calendar-year 2011 purchases and sales transactions?

Anthony Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.


Can you use perpetual in a sentence with the propert clauses.?

Infinity is perpetual.


Use the word perpetual in a sentence?

Flowers are not perpetual.


How do use perpetual in a sentence?

The Newton's cradle swings in perpetual motion.


How do you use the word perpetual?

This hillside will provide your loved ones a beautiful view while visiting you during your perpetual rest.


What is the Comparative form of the word perpetual?

In this case, you would use the word 'more' in front of 'perpetual' to indicate the comparative form.


How does a perpetual motion machine work?

it depends on what you use to build it


How do you find the day if the date is given?

You can use a perpetual calendar


Use bereaved in a sentence?

To be bereaved is to live a perpetual life


What inventory method does Kellogg use?

Kelloggs uses FIFO costing method as they manufacturing just-in-time with their products bound by expiration date.