Periodic Inventory

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August 25, 2024 3 min read Definitions
Periodic Inventory Method: A Comprehensive Overview
Accounting Finance Inventory Management Accounting Practices Cost of Goods Sold Periodic Inventory Financial Accounting
The Periodic Inventory Method is an accounting process used to determine the cost of inventory sold or put into production by using data on beginning inventory, purchases, and ending inventory. This method calculates the cost of withdrawals from inventory.
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