Examlex
All of the following are associated with vegeculture except:
Periodic system
An inventory valuation method where updates to inventory records are made on a periodic basis, usually at the end of an accounting period.
Beginning inventory
The value of a company's inventory at the start of an accounting period.
Perpetual inventory system
An inventory system that keeps continuous, real-time records of goods bought and sold, updating inventory accounts without physical counts.
Journal entry
A record in accounting that documents a business transaction and its impact on the company's accounts, using debits and credits.
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