Question: Q2: (5 Marks: a2: 5): Explain in advance knowledge what is the difference between a perpetual inventory and a physical inventory? If a company maintains

 Q2: (5 Marks: a2: 5): Explain in advance knowledge what is

Q2: (5 Marks: a2: 5): Explain in advance knowledge what is the difference between a perpetual inventory and a physical inventory? If a company maintains a perpetual inventory, should its physical inventory at (5 Marks) any date be equal to the amount indicated by the perpetual inventory records? Why

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