What's the difference between perpetual & periodic inventory system. Define in simple words?

أفضل جواب: Under Periodic Inventory system, no detail record of movement (in & out & balance) is maintained ... الإطلاع على المزيد

أفضل جواب: Both is part of inventory system for Perpetual method is calculate average cost price on every transactio ... الإطلاع على المزيد

أفضل جواب: Thanks for Inviting: a) Companies determine cost of goods sold only at the end of the accounting period ... الإطلاع على المزيد

أفضل جواب: Inventory is a quantity of goods owned and stored by a business that is intended either for resale or as ... الإطلاع على المزيد