Accountıng I Deneme Sınavı Sorusu #1230761
In which of the following, the rest of the inventories account is updated after each transaction?
|
Perpetual Inventory System |
|
First İn First Out Method |
|
Accrual Basis |
|
Periodic Inventory System |
|
Last İn First Out Method |
Yanıt Açıklaması:
The correct answer to question is option A. In a perpetual inventory system, balance of inventory accounts is always updated as each transaction occurs.
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