Periodic inventory systems normally require smaller safety stock than a continuous inventory system

Radiated or wireless media has four general forms: earth-based terrestrial microwave, space-based satellite microwave, radio, and infrared

Indicate whether the statement is true or false

Argus sells auto parts. On August 1, a customer purchases parts for $3,900 cash. The parts cost Argus $1,300. Argus uses the perpetual inventory method

Required: Prepare the necessary entries to record the sale. What will be an ideal response?