Answer:
In Perpetual Inventory Method accounting is kept continuously up to date and involves continual recording of additions to and issues or sales of materials on a daily basis.
Under Periodic method usually an inventory is taken only at year end or at regular intervals.
Explanation:
a. Normally used for relatively inexpensive goods.
Periodic Inventory system
b. Keeps a running computerized record of merchandise inventory. Perpetual Inventory System
c. Achieves better control over merchandise inventory.
Perpetual Inventory system
d. Uses bar codes to keep up-to-the-minute records of inventory.
Perpetual Inventory System
