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QUESTION ANSWER What is the clfference Istween al merituadisers financial statemems under the pericalic irventory...

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Accounting

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ANSWER
What is the clfference Istween al merituadisers financial statemems under the pericalic irventory syslem compared to a perpetuat imwocory sysitem?
The cost of poesis sabd amoumt is a calculation unker the perionic imentory syscem.
The periedic format has unly two sections-are fur rewrues and the other for experoes.
The inverdory ameunt is a cakolation under the perpetual imentory system.
The periodic furmat suiteceals gross margin and moxme from operations while the perpetual Sormat dhes noe.
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