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Is it necessary to take a physical inventory when using the perpetual inventory system?

Yes


Can you put inventory in a sentence?

Yes, I'll stay late to take inventory.


Why is it important to take an inventory of what you know?

It is important to sometimes take inventory of what a person knows. This is important because it can remind you of some important things.


Where does a clinical trial usually take place?

In a hospital


How do you take inventory?

1...2...3...4...


Is there an inventory test that you have to take to get into the Coast Guard?

Yes


What is clinical chemistry in district laboratoryppt?

Clinical Chemistry in District Laboratory PPT is a class that students are required to take. They are also required to take classes in immunology and Urinalysis.


How do you take things out of the inventory on club penguin?

well you know you can not take out things from the inventory so be extra careful when you buy an item.the other way is that you can keep it in the inventory but if you don't want it,don't wear the costume.act as if that item doesnt exist!!


How does a company that uses the perpetual inventory system determine the amount of inventory shrinkage?

By taking a physical count. They will take their recorded amount and subtract the physical count to analyze inventory shrinkage.


Why is it best to sell inventory for less than the amount paid for it?

It is NOT best. But if there is an urgent need for capital to buy fresh inventory and current inventory is not selling, some businesses will take the loss.


How do you take the doors off in Cafe World?

store it in inventory


How does accrual accounting handle inventory control?

When you take an inventory and calculate the value, this value is compared to the last time an inventory was calculated. If the value of the inventory has increased (say by $100), then a journal entry reflecting a debit of $100 to Inventory account (an asset) and a credit to your Cost of Goods Account.