Question: In your own words, explained the difference between the inventory of a merchandising and manufacturing company and the reasons for it. In your words, described

In your own words, explained the difference between the inventory of a merchandising and manufacturing company and the reasons for it. In your words, described the types of inventory (i.e., raw materials, etc.) the fictional company Which inventory method, periodic or perpetual, do you recommend for your company? Explained why youve chosen it. In your own words, also explained the pros and cons of each type. Prepared 5 original example journal entries.

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