This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: - It is large company with professional management.- Has a state-of-the-art computerized accounting system- Provide information about profitability. E. Use periodic inventory system because:- Small retail shop, run by owner.- Low-cost items- High volume of sale transaction. F. Use periodic inventory system because:- It is small company.- Large quantity - The product is low cost...
View Full Document
- Spring '09
- Periodic inventory, retail store, Accounting software, perpetual inventory