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BUS 591 Week 3 DQ 1 Perpetual Inventory System

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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.

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