Sin título

Introduction to financial accounting

It is considered one of the best record systems

This is due to its good organization

What does he do?

keeps a continuous and daily inventory record on the cost of items sold

either

specific identification

PEPS

UEPS

weighted average

has only three accounts

-warehouse

-sales

-sales cost

Said method provides more advantages what disadvantages

Advantages

Disadvantages

You can know the value of the final inventory as well as the losses between other accounts and movements

The value of what should be done is not finished exactly as there is no account to control it