For Each of the Following Statements, State Whether It Applies

For each of the following statements, state whether it applies to a periodic inventory system (periodic) or a perpetual inventory system (perpetual).
$$\begin{array} {| l | l| } \hline \text { Statement } & \text { Periodic or Perpetual } \\\hline \text { Merchandise inventory and purchasing } & \\\text { pystems are integrated with the records } & \\\text { for Accounts Receivable and Sales } & \\\text { Revenue. } & \\\hline \text { This system is often used by restaurants } & \\\text { and small retail stores. } & \\\hline \text { The physical count captures inventory } & \\\text { transactions that are not recorded by the } & \\\text { electronic system. }\\\hline\end{array}$$