periodic inventory造句怎么写

The two major alternative accounting systems for determining the value of inventory and the cost of goods sold are called the perpetual inventory system and the periodic inventory system.

The accounting recording procedures are different under the periodic inventory system and the perpetual inventory system.

In the periodic inventory system, the business does not keep a continuous record of the inventory on hand.

In the periodic inventory system, the amount of inventory at the balance sheet date is determined by counting and pricing the goods on hand.

Esplanade Company uses the periodic inventory method.

When the periodic inventory is being used, a physical inventory must be taken to determine the amount of the ending inventory.

Physical inventory at fixed periods must be taken under either perpetual inventory system or periodic inventory system.

The following entries demonstrate the recording procedures to be followed under the perpetual inventory system, as contrasted with the periodic inventory system.