San Diego State University Operations And Supply Chain Management Assignment Help - Double-Entry

Question - What are the two fundamental equality requirements of the double-entry accounting system? efine
debit and credit and explain how assets, liabilities, common stock, retained earnings, revenues,
expenses, and dividends are affected by (increased or decreased) by debits and by credits.
Describe how the perpetual inventory system works. What are some advantages of using the
perpetual inventory system? Is it necessary to take physical inventory when using the perpetual
system?

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