Under the perpetual inventory system,cost of goods sold is accumulated as sales are made throughout the accounting period.

Name: Under the perpetual inventory system,cost of goods sold is accumulated as sales are made throughout the accounting period.
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In perpetual inventory system, cost of goods sold is recorded and updated after each sale is made. Thus, the cost of goods sold is accumulated as sales are made throughout the accounting period.

Under the Perpetual Inventory System,cost of Goods Sold Is Accumulated