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Discuss the differences between the perpetual and the periodic inventory system. You answer must discuss:...

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Accounting

Discuss the differences between the perpetual and the periodic inventory system. You answer must discuss:

  1. When it is more appropriate to use each type of system.
  2. Differences in the recording of sales and purchases.
  3. Other relevant differences that you find in your research.

please answer without using chatGPT

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