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AleksAgata [21]
1 year ago
9

A company receives a discount for paying for merchandise purchased within the discount period. How will the amount of the discou

nt be recorded in a perpetual inventory system?.
Business
1 answer:
Delvig [45]1 year ago
6 0

If the company receives a discount for paying for merchandise purchased within the discount period, the amount of the discount be recorded in a perpetual inventory system by being credited to inventory.

Inventory financing can be defined as a credit obtained by businesses to pay for products that aren't intended for immediate sale. Financing that collateralized by the inventory is used to purchase. Smaller privately-owned businesses that don't have access to other options are usually used inventory financing. Inventory financing is particularly critical as a way to smooth out the financial effects of seasonal fluctuations in cash flows and can help a company achieve higher sales volumes by allowing it to acquire extra inventory for use on demand.

Learn more about inventory financial here brainly.com/question/15744686

#SPJ4

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