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Minchanka [31]
3 years ago
15

The inventory system employing accounting records that continuously disclose the amount of inventory is called a.retail b.period

ic c.physical d.perpetual
Business
1 answer:
omeli [17]3 years ago
6 0

Answer:

The correct option is D

Explanation:

Perpetual inventory is a method of accounting for inventory that records the sale of inventory immediately by the use of computerised point of sale systems.

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In January of 2018, the Phillips Company purchased a patent at a cost of $100,000. In addition, $10,000 in legal fees were paid
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5 0
3 years ago
Bonds are
Alexxx [7]

Considering the available options, Bonds are a "<u>store of value, but not a medium of exchange."</u>

<h3>What are Bonds?</h3>

Bonds is a term or entity in the financial world to describe a form of fixed-income security that has its terms stipulated in an indenture or legal contract.

<h3>Medium of Exchange</h3>

On the other medium of exchange is an entity used in a transaction to exchange goods or services.

In modern times, the medium of exchange is currency or money.

Hence, in this case, it is concluded that the correct answer is option B. "<u>store of value, but not a medium of exchange."</u>

Learn more about Bonds here: brainly.com/question/25425872

4 0
2 years ago
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