When the perpetual records do not equal the physical count of the inventory, the general ledger is ...

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When the perpetual records do not equal the physical count of the inventory, the general ledger is ...

When the perpetual records do not equal the physical count of the inventory, the general ledger is updated with the differences.
Is this statement one that's true or false?

Textbook

Financial Accounting

Edition: 3^rd

Authors: Kemp, Waybright

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bravata Author

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7 years ago

Thanks

sudenzia

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This helped my grade so much Perfect

loki1345

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Thanks for your help!!

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