chapter 25 inventories what you ll learn explain the importance of maintaining accurate inventory records explain the difference between a periodic and a perpetual inventory system take a physical inventory ...
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...Chapter inventories what you ll learn explain the importance of maintaining accurate inventory records difference between a periodic and perpetual system take physical count record determine cost merchandise using specific identification first in out last weighted average methods assign value to lower or market rule glencoe accounting unit copyright by mcgraw hill companies inc all rights reserved principles consistency conservatism define terms introduced this section determining quantity do think have seen being used retail stores main idea two tracking are will how businesses use control information keep track key point sale terminal pos online...