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Video Source: www.youtube.com/watch?v=l_Nxoqsyf-Q
In this accounting lesson, we explain what the Perpetual Inventory System is and go through an example where we do the journal entries under the perpetual inventory system. We go through transactions where we bough inventory using cash and where we sold inventory. In our journal entry, we account for inventory, bank, sales, cost of sales.. • Check it out. • Periodic Inventory System Explained with Journal Entry Example: • Inventory Journal Entries Example | P... • Sales On Credit - Perpetual Inventory System Journal Entry: • Sales On Credit - Perpetual Inventory... • Check out other straight-forward examples on our channel. • We also offer one-on-one tutorials at reasonable rates. • Connect with us: • Email: [email protected] • Our Website: https://Counttuts.com • Our Facebook Page: / counttuts • Support our Efforts: / counttuts
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