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    kevindw's Avatar
    kevindw Posts: 1, Reputation: 1
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    #1

    Oct 6, 2007, 02:05 AM
    About accounting
    What r the difference between periodic and perpetual inventory methods?
    RichardBondMan's Avatar
    RichardBondMan Posts: 832, Reputation: 66
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    #2

    Oct 6, 2007, 04:38 AM
    Periodic means that for example a company takes inventory each year on a certain date. Perpetual means they keep up with amt onhand every day.
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