Indicate How Accounting for Lost and Stolen Merchandise Differs Between

Indicate how accounting for lost and stolen merchandise differs between firms using a perpetual inventory system and those using a periodic inventory system. Which system provides the best way to account for such losses and why?.________ a)A merchandising company generates revenue primarily by selling goods to customers.________ b)The supply of goods accumulated to deliver when sales are made is called Supplies.________ c)Retail companies are firms that sell goods to other businesses.________ d)Product costs include all costs associated with the sale of products.________ e)Walmart is an example of a wholesale company.