Which of the following journal entries is not consistent with the use of a perpetual inventory system?

Question

Quizplus · Accepted Answer

The journal entry in option C involves adjusting the inventory account based on a physical count, which is an indication of a periodic inventory system rather than perpetual inventory system. Options A, B, and D all involve recording inventory transactions in real-time, which is consistent with a perpetual inventory system.

Which of the Following Journal Entries Is Not Consistent with the Use