The difference in the sales journal between the perpetual and periodic inventory systems is that a column is used to record cost of goods sold and inventory amounts for each sale under the perpetual system but not the periodic system.

Question

Quizplus · Accepted Answer

This is because the perpetual inventory system records every transaction and update inventory on an ongoing basis, while the periodic system records inventory at the end of a period, making it more difficult to track individual sales and their associated costs.

The Difference in the Sales Journal Between the Perpetual and Periodic