A credit to cash, a debit to sales returns and allowances, a credit to inventory, and a debit to cost of goods sold are all recorded.
Perpetual inventory, commonly referred to as continuous inventory, is an inventory management system that uses software to automatically and constantly record each stock movement (such as purchases, returns, consumptions, and write-offs), keeping the system current at all times.
This contrasts with the need to manually update the system on a regular basis when utilizing spreadsheets or paper-and-pencil alternatives.
Barcodes, POS systems, radio frequency identification, and real-time reporting are used by perpetual inventory systems like MRP, ERP, or WMS software to track inventory movements and build a virtual trail of each transaction occurring in the physical inventory. This makes it possible to perform extremely accurate real-time inventory accounting, giving the business a current cost of goods sold at all times.
To learn more about perpetual inventory system from given link
brainly.com/question/25014592
#SPJ4
The answer is B.
Hope this helps!
(:
Hello <span>Gabbypittman20!
Answer:This answer is very tricky...but at least you have a teacher to help you.
</span><span>The answer to this question would
buy new clothes before buying a computer. Explanation:
See, this is a Need or want question. You NEED clothes but you WANT a computer. Get it? contact me for more information.
FLVS teacher,
~Sarah Bunkly
</span>
Answer:
zero-coupon
Explanation:
According to my experience with different investment assets, I can say that based on the information provided within the question he purchased a zero-coupon bond. This is an bond asset that the individual may redeem at the time of maturity for the same price that he purchased the bond. Just like mentioned in the question.
If you have any more questions feel free to ask away at Brainly.
The answer to this would be the 4th option. Because monopolies allow businesses to compete against each other for profit and reputation. Without monopolies, people would only choose one company over the other because it just is more superior. Monopolies is what make businesses grow, and unfortunately, they aren't a good thing at times.