Briefly contrast the accounting procedures for perpetual and periodic inventory systems. Conclude by commenting on whether one inventory system is better than the other – be sure to explain your answer.
please look into chapters to find the answers 5 & 6 in the book Financial Accounting , 3rd Edition, J. David Spiceland, UNIV OF MEMPHIS
Wayne M Thomas, UNIV OF OKLAHOMA-NORMAN
Don Herrmann, Oklahoma State University—Stillwater
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