Question

The inventory system keeping accounting records that continuously disclose the amount of inventory is called *

a) Periodic

b) Perpetual

c) Physical

d) Retail

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Answer 1

Answer:

The Inventory System Employing Accounting Records That Continuously Disclose The Amount Of Inventory Is Called Retail Periodic Physical Perpetual Calculate The Gross Profit For TSU Company Based On The Following: $495,500 $183,500 $721,500 $226,000 TSU Co.

Answer 2

Answer:

Option (b)Perpetual is the correct answer

Step-by-step explanation:

Explanation:

A Perpetual inventory system keep track of inventory on a continues

basis in the accounting records .

The inventor system employing accounting record that continuously disclose the amount of inventory is called Retail Periodic Physical Perpetual calculate the Gross profit for TSU company .

Final answer:

Hence , the correct answer is (b) Perpetual .

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