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Author Question: If a company uses a periodic inventory system, it most likely updates its inventory records at the ... (Read 238 times)

ishan

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on: Jul 5, 2018
If a company uses a periodic inventory system, it most likely updates its inventory records at the time of every ________.
 
  A) purchase
  B) sale
  C) return
  D) physical inventory count

Question 2

____________________ are deposits that have not reached or been recorded by the bank before the bank statement is prepared.
 Fill in the blank(s) with correct word


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pallen55

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Reply #1 on: Jul 5, 2018
Answer to Question 1

D

Answer to Question 2

Deposits in transit


ishan

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Reply #2 on: Jul 5, 2018
Thank you


pallen55

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Reply #3 on: Jul 5, 2018
No problemo


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