Periodic and perpetual inventory systems are two contrasting accounting methods the periodic system uses an occasional physical count to measure the level of inventory and for companies under a periodic system, this means that the inventory account and cost of dictionary: # a b c d e f g.
Alpha company uses the periodic inventory system for purchase & sales of merchandise the value of inventory is based on periodic system on january 1.
Graham company uses a periodic inventory system details for the inventory account for the month of january, 2010 are as - answered by a verified business . Answer to elly company uses a periodic inventory system details for the inventory account for the month of january, 2016 are as f.
The company uses a periodic inventory system for specific identification, ending inventory consists of 290 units, where 260 are from the january 30 purchase,.