At Westonci.ca, we connect you with the best answers from a community of experienced and knowledgeable individuals. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.
Sagot :
A purchase allowance is viewed as a reduction in expenses by the company that purchased the goods in a perpetual inventory system.
What is a system of perpetual inventory?
System of perpetual inventory. a system for keeping track of inventory that keeps track of when it enters and leaves the company. Stock Cards are utilized for each inventory item.
In order to ensure that the book inventory accurately depicts the actual stock, perpetual inventory is a continuous accounting practice that records inventory changes in real time without the need for physical inventory.
To learn more about perpetual inventory here
https://brainly.com/question/868907
#SPJ4
Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.
