Perpetual Inventory Accounting
6:42
YouTubeEdspira
Perpetual Inventory Accounting
This video discusses the perpetual inventory system. A comprehensive example is presented to demonstrate how the perpetual inventory system results in continuous updates to the inventory account as a firm purchases and sells inventory (as opposed to the periodic inventory system, in which the inventory account is updated at the end of a period ...
118.5K viewsJun 5, 2015
Perpetual Inventory System
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