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List and discuss the advantages and disadvantages of purchasing a two-wheeled trailer for each store to use for delivering Super Gyms.
Perpetual Inventory
An inventory management system where stock levels are updated on a continuous basis as sales and purchases are made.
Cost of Goods Sold
The total cost directly tied to the production of goods sold by a company.
Schedule of Accounts Payable
A detailed list that tracks the amounts owed by a company to its suppliers or creditors.
Customer Accounts
Accounts maintained by a vendor detailing individual transactions with customers over a period, showing credits, debits, and balances.
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