Most species in this order are solitary and hunt at night. Species in this family include the cheetah, the caracal, the Chinese desert cat, the jaguarundi, the ocelot, the serval, the Eurasian lynx, the fishing cat, the lion, the tiger, and the snow leopard. - Wildlife Journal Junior
Inventory valuation methods are used to calculate the cost of goods sold and cost of ending inventory. Following are the most widely used inventory valuation methods: First-In, First-Out Method. Last-In, First-Out Method. Average Cost Method.
ing costs of carrying large amounts of inventory. Companies use one of two types of systems for maintaining accurate inventory recordsâthe perpetual system or the pe-riodic system. Perpetual System Under a perpetual inventory system, a continuous record of changes in inventory is maintained in the Inventory account. That is, all purchases and sales (issues) of goods are recorded directly in the Inventory account as they occur. The accounting features of a perpetual inventory system are as follows.