Under the perpetual inventory system,special journals are not required.

Name: Under the perpetual inventory system,special journals are not required.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Special journals are still used under the perpetual inventory system to record specific types of transactions such as sales, purchases, and cash receipts. However, the frequency of entries in these journals may be reduced as more transactions are recorded directly in the inventory records.

Under the Perpetual Inventory System,special Journals Are Not Required