Question 9 Marks 1 Explain If And How Gst Impacts On The Two Inventory Accountin

Question 9Marks: 1Explain if, and how, GST impacts on the two inventory accounting methods, Perpetual and Periodic inventory system.Answer:Question 10Marks: 1A search of the internet will locate numerous Excel-based inventory systems which may indicate that there are many corporate users of such spreadsheets. Conduct some research of your own and consider if an Excel based inventory system would be suitable for a client with 50 inventory items and an inventory turn ratio of 12. Provide reasons for and against using Excel for this client’s inventory management.Answer:

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