Under a perpetual inventory system, the amount of each type of merchandise on hand is available in the

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Samara Maynard

Business

9 April, 07:50

Under a perpetual inventory system, the amount of each type of merchandise on hand is available in the

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Hood · Answer 1

The inventory ledger contains the data regarding the amount of each type of merchandise a company has. To add up, the inventory ledger is the record in which its main function is to "track inventory transactions." It is important that the contents of the inventory ledger should coincide with the general ledger.