Scribd Logo
Upload

Welcome to Scribd!

  • Jurnal Periodic Dan Perpetual

    Uploaded by

    Meily Tri Wulandari
    9 views1 page
    This document compares a perpetual inventory system and a periodic inventory system. Both systems show the same sales revenue of $2590 and cost of goods sold of $1925, resulting in a gross profit of $665. However, the perpetual system continuously updates inventory amounts with each transaction, while the periodic system only updates inventory when taking a physical count at the end of the period.

    Original Description:

    Jurnal periodic dan perpetual

    Original Title

    Jurnal periodic dan perpetual

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document compares a perpetual inventory system and a periodic inventory system. Both systems show the same sales revenue of $2590 and cost of goods sold of $1925, resulting in a gross profit of $665. However, the perpetual system continuously updates inventory amounts with each transaction, while the periodic system only updates inventory when taking a physical count at the end of the period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    9 views1 page

    Jurnal Periodic Dan Perpetual

    Uploaded by

    Meily Tri Wulandari
    This document compares a perpetual inventory system and a periodic inventory system. Both systems show the same sales revenue of $2590 and cost of goods sold of $1925, resulting in a gross profit of $665. However, the perpetual system continuously updates inventory amounts with each transaction, while the periodic system only updates inventory when taking a physical count at the end of the period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Perpetual Inventory System Periodic Inventory System

    Sales Revenue Sale Revenue


    ( 640 + 1.050 + 900 ) $ 2590 ( 640 + 1.050 + 900 ) $ 2590
    Cost of Goods Sold Less: Cost of Goods Sold
    ( 480 + 770 + 675 ) $ 1925 (-) Inventory ( beginning ) $ 600
    Gross Profit $ 665 Purchases
    ( 975+1.120) $ 2095
    Inventory (ending ) $ 770
    Cost of Goods Sold $ 1925
    Gross Profit $ 665

    You might also like