Page 1 of 1
Q2: (5 Marks: a2: 5): Explain in advance knowledge what is the difference between a perpetual inventory and a physical i
Posted: Wed Jul 06, 2022 6:25 pm
by answerhappygod
- Q2 5 Marks A2 5 Explain In Advance Knowledge What Is The Difference Between A Perpetual Inventory And A Physical I 1 (18.53 KiB) Viewed 12 times
Q2: (5 Marks: a2: 5): Explain in advance knowledge what is the difference between a perpetual inventory and a physical inventory? If a
company maintains a perpetual inventory, should its physical inventory at (5 Marks) any date be equal to the amount indicated by the perpetual inventory records? Why?