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    Perpetual inventory system, record of inventory

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    A perpetual inventory system maintains an up-to-date record of inventory. It thus allows an organization to have a timely and more accurate inventory data.

    Consider the features of perpetual inventory and respond to the following:

    - Discuss the advantages and disadvantages of accounting for inventory under the perpetual inventory system.

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    https://brainmass.com/business/financial-accounting-bookkeeping/583190

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    http://smallbusiness.chron.com/advantages-perpetual-inventory-system-3223.html

    Consider the features of perpetual inventory and respond to the following:
    •Discuss the advantages and disadvantages of accounting for inventory under the perpetual inventory system.

    Some advantages associated with perpetual inventory accounting ...

    Solution Summary

    The solution provides information on advantages associated with perpetual inventory accounting. The expert also discusses the features of perpetual inventory.

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