Question: please answer these questions (more than 125 words) please label with 1. 2. 3. 1. Describe the steps to record sales under a perpetual inventory

please answer these questions (more than 125 words) please label with 1. 2. 3.

1. Describe the steps to record sales under a perpetual inventory system as a buyer and a seller. 2. Why do they differ? 3. Provide original examples to support your responses

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