The inventory system whereby tahe merchandise inventory account balance is merely a record of the most recent

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The inventory system whereby tahe merchandise inventory account balance is merely a record of the most recent physical inventory count is called

LIFO

perpetual

FIFO

periodic

Related Book For answer-question

Statistics for Business and Economics

ISBN: 978-0132930192

8th edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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Posted Date: Oct 12, 2020 01:00 AM

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The inventory system whereby tahe merchandise inventory account balance is merely a record of the most recent

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Periodic inventory ... View the full answer

Statistics for Business and Economics

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