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Voci di giornale per la Peretual procedura inventario

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    KAYITARE L.
    RW
    KAYITARE L.

    A transaction of sale can be recorded in support with 2 journal entries in perpetual inventory system 1 records the sale value the 2 deals with cost of goods etc.....

    Yahaya A.
    GH
    Yahaya A.

    Periodic and Perpetual Inventory Systems

    Mainimo E.
    CM
    Mainimo E.

    inventory and cost of goods sold are updated for each sale/purchase and return transaction

    Jonathan N.
    PR
    Jonathan N.

    Sales Returns and Allowances must be offset against Accounts Receivable rather than Cost of Goods Sold; the Inventory item returned entry is right to be against Cost of goods sold but only at a its fair value.

    Suman D.
    IN
    Suman D.

    - Module: Module 2: Measuring and Reporting Inventory - Topic: Journal Entries for the Peretual Inventory Procedure

    Suman D.
    IN
    Suman D.

    - Module: Module 2: Measuring and Reporting Inventory - Topic: Journal Entries for the Peretual Inventory Procedure

    Paul O.
    UG
    Paul O.

    this helps accountants record and update the various transactions that take place in merchandising in the books of original entry which are later transferred to the various statements for reporting.

    Kingsley A.
    GH
    Kingsley A.

    The first one records the sale value of inventory and the second one records the cost of goods sold and reduces the inventory balance.

    Rose R.
    PG
    Rose R.

    Record purchase and sale information. Specifically, Inventory is debited as purchases occur and credited as sales occur .

    Martin N.
    KE
    Martin N.

    perpetual inventory system, entries are made in periodic or updated by transaction made, either sales or purchases and return inward or return outward

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