BUS 591 Week 3 DQ 1 Perpetual Inventory System (Ash)

Question 1

BUS 591 Week 3 DQ 1 Perpetual Inventory System (Ash)

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Perpetual Inventory System. Present a detailed explanation of the recording of purchases under a perpetual inventory system. Use hypothetical figures to illustrate the perpetual inventory system. After presenting your hypothetical figures, discuss how a perpetual inventory system is different from a periodic inventory system.

Your answer should illustrate understanding of the perpetual inventory system. Respond to at least two of your classmates’ posts.

Answer 1

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