Ünite 5: Merchandising Operations — Veri Tablosu

Inventory Systems: Periodic vs. Perpetual

Feature	Periodic Inventory System	Perpetual Inventory System
Target Businesses	Small businesses with low-cost inventory and manual systems	Modern businesses requiring high control over inventory
Account for Purchases	Debited to 'Purchase' account	Debited directly to 'Merchandise Inventory'
COGS Recording	Calculated only at period-end using formula	Recorded continuously at the time of each sale
Physical Count	Required to calculate COGS and ending inventory	Used to detect inventory shrinkage or surplus
Inventory Control	Low control, cannot easily detect theft or losses	High control, provides real-time stock updates